You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today's newspaper. 52-WEEK YLD VOL NET STOCK (DIV) HI LO % PE 100s CLOSE CHG 45.61 27.73 RJW 1.35 3.7 18 ?? -.39 a. What was the closing price for this stock that appeared in yesterday's paper? b. If the company currently has 17 million shares of stock outstanding, what was net income for the most recent four quarters?

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
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You have found the following stock quote for RJW Enterprises, Inc., in the financial pages
of today's newspaper.
52-WEEK
YLD
VOL
NET
STOCK
(DIV)
HI
LO
%
PE
100s
CLOSE
CHG
45.61
27.73
RJW 1.35
3.7
18
??
-.39
a. What was the closing price for this stock that appeared in yesterday's paper?
b. If the company currently has 17 million shares of stock outstanding, what was net
income for the most recent four quarters?
Transcribed Image Text:You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today's newspaper. 52-WEEK YLD VOL NET STOCK (DIV) HI LO % PE 100s CLOSE CHG 45.61 27.73 RJW 1.35 3.7 18 ?? -.39 a. What was the closing price for this stock that appeared in yesterday's paper? b. If the company currently has 17 million shares of stock outstanding, what was net income for the most recent four quarters?
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