Calculate closing stock price

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Question: You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today's newspaper VOL NET 52-WEEK YLD LO STOCK (DIV) PE CLOSE CHG 47.97 92.13 RJW 2.20 2.5 19,657 49 Use the reported dividend, dividend yield, and net price change to calculate yesterday's closing stock price. (Do not round intermediate calculations and round your answer to 2 decimal places, c,g., 32.16.) Yesterday's closing price The company currently has 25 million shares of stock outstanding. Use today's closing price and the PE ratio to estimate the company's net income (also called earnings Enter your answer in dollars, not 2 decimal places, e.g. 32.16.)

Reference no: EM131441621

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