You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of today's newspaper. YTD Change -1.4 Stock SYM YLD RJW Enterprises RJW 2.1 PE 19 Last 63.03 Net Change -.37 a. What is the annual dividend? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What was the closing price for this stock that appeared in yesterday's paper? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. If the company currently has 27 million shares of stock outstanding, what was net income for the most recent four quarters? Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89. a. Annual dividend b. Yesterday's closing price c. Net income

Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter13: Corporations: Organization, Stock Transactions, And Dividends
Section: Chapter Questions
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Raghubhai 

You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of today's newspaper.
YTD %Change
-1.4
Stock
SYM
YLD
RJW Enterprises RJW 2.1
PE
19
Last
63.03
Net Change
-.37
a. What is the annual dividend?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
b. What was the closing price for this stock that appeared in yesterday's paper?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
c. If the company currently has 27 million shares of stock outstanding, what was net income for the most recent four quarters?
Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places,
e.g., 1,234,567.89.
a. Annual dividend
b. Yesterday's closing price
c. Net income
Transcribed Image Text:You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of today's newspaper. YTD %Change -1.4 Stock SYM YLD RJW Enterprises RJW 2.1 PE 19 Last 63.03 Net Change -.37 a. What is the annual dividend? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What was the closing price for this stock that appeared in yesterday's paper? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. If the company currently has 27 million shares of stock outstanding, what was net income for the most recent four quarters? Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89. a. Annual dividend b. Yesterday's closing price c. Net income
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