What was net income for most recent four quarters

Assignment Help Financial Management
Reference no: EM131050320

You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today’s newspaper. 52-WEEK YLD VOL NET HI LO STOCK (DIV) % PE 100s CLOSE CHG 72.48 53.42 RJW 1.20 2.0 15 17,777 ?? − .55 What was the closing price for this stock that appeared in yesterday’s paper? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Yesterday’s closing price $ If the company currently has 15 million shares of stock outstanding, what was net income for the most recent four quarters? (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 $ rev: 11_03_2015_QC_CS-31987

Reference no: EM131050320

Questions Cloud

Spot price of crude oil-what was the net convenience yield : In January 201x, the spot price of crude oil was $45.65 a barrel and the one year futures price was $56.38 per barrel. The interest rate was about 0.15 percent. What was the net convenience yield? Interpret/explain that result.
Records of a manufacturing company : The following information is available from the records of a manufacturing company that applies factory overhead based on direct labor hours:
What amount must you deposit each year : You want to have $65,000 in your savings account 11 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.30 percent interest, what amount must you deposit each year?
Discuss how organisational culture is created : Topic - Organisational culture is a powerful but invisible force. Discuss how organisational culture is created, how it's sustained and is there risk in creating too strong a culture
What was net income for most recent four quarters : You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today’s newspaper. 52-WEEK YLD VOL NET HI LO STOCK (DIV) % PE 100s CLOSE CHG 72.48 53.42 RJW 1.20 2.0 15 17,777 ?? − .55 What was the closing price for this..
Balance on the pro form a balance sheet : If the actual December 31st A/R balance was $12,000; projected sales in January are $50,000; 70% of sales are on credit; 60% of credit sales are collected in the month of sale and 40% are collected in the month after the sale, what is the projecte..
Calculate the number of futures contracts : Calculate the number of futures contracts that VW must buy to offset its dollar exchange risk on the parts contract. (note: The size of one unit futures contract is e125,000)
Spot price of crude oil-what was the net convenience yield : In January 201x, the spot price of crude oil was $45.65 a barrel and the one year futures price was $56.38 per barrel. The interest rate was about 0.15 percent. What was the net convenience yield? Interpret/explain that result. EXPLAIN IN DETAIL PLEA..
Find the capacitance per unit length of two wires : Find the capacitance per unit length of two wires of radii 1 cm separated by a distance of 1 m.

Reviews

Write a Review

Financial Management Questions & Answers

  Total annual carrying cost and annual restocking cost

The Flowering Vine buys hanging plants for $2 each and resells them for $8.95 each. The firm sells 3,500 plants per year. Generally, the firm orders 400 plants at a time and has a fixed cost per order of $28.

  What will be your real and nominal return

What will be your nominal return over the two years if inflation is 3% in the first year and 5% in the second? What will be your real return? Now suppose that the bond is a TIPS. What will be your real and nominal return?

  Why do keynesians believe that budget deficits

What is a budget deficit? How are budget deficits financed? Why do Keynesians believe that budget deficits will increase aggregate demand?

  Find the rate on pure discount loan hedged with long FRA

Find the rate on a pure discount loan hedged with a long FRA if the loan is for $10 million and matures in 30 days, the FRA is 30-day LIBOR, the fixed rate on the FRA is 4 percent, and LIBOR at the time the loan is taken out is 5 percent.

  Two independent projects with the cash flows

You are considering two independent projects with the following cash flows. The required return for both projects is 10%. Given this information, which one of the following statements is correct? You should accept project B since it has the higher IR..

  Identify all pure strategy nash equilibrium

Assume that the demand for chalk is P = 8 -0.1, where P is the market price and Q is the total market output measured in thousands of boxes of chalk. Construct a payoff table for this game, using profits per firm as the payoffs. Identify all pure str..

  How much faster could you pay the loan off by making

Your Christmas ski vacation was great, but it unfortunately ran a bit over budget. All is not lost: You just received an offer in the mail to transfer your $13,900 balance from your current credit card, which charges an annual rate of 21.7 percent, t..

  How much profit did the firm lose because of the hedge

Southern Fields has an inventory of 838,000 pounds of sugar. The firm placed a partial hedge on this inventory by selling 6 futures contracts at 9.56. The futures contracts are based on 112,000 pounds and quoted in cents per pound. At the time the fi..

  Face value zero coupon bond you currently own

Today, you want to sell a $1,000 face value zero coupon bond you currently own. The bond matures in 4.5 years. How much will you receive for your bond if the market yield to maturity is currently 5.33 percent? Ignore any accrued interest.

  What was the cash coverage ratio for the year

Hedgepeth Inc.’s net income for the most recent year was $16,185. The tax rate was 40 percent. The firm paid $3,906 in total interest expense and deducted $2,585 in depreciation expense. What was the cash coverage ratio for the year?

  What is the present value of this buildings tax shields

A local engineering firm just bought a new office building (CCA=4%) for $500,000. Useful life of 30 years is expected with no salvage value. If tax rate is 40%, and required rate is 10%, then what is the present value of this building's tax shields?

  University of ballarat general guide

All written work must conform with the University of Ballarat General Guide for the Presentation of Academic Work.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd