Use the reported dividend and dividend yield

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Reference no: EM132000001

Stock prices are widely quoted in newspapers and online. To get some practice reading and interpreting these quotes, use the following stock quote for RJW Enterprises, Inc. to answer the following questions. 52-WEEK YLD VOL NET HI LO STOCK (DIV) % PE 100s CLOSE CHG 77.35 46.97 RJW 1.80 2.4 15 18,737 ?? − .47 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, e.g., 32.16.) Yesterday’s closing price $ The company currently has 21 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 millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net income

Reference no: EM132000001

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