Problem 8-23 Using Stock Quotes [LO4]

You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of todays newspaper.

52-WEEK

YLD

VOL

NET

HI

LO

STOCK (DIV)

%

PE

100s

CLOSE

CHG

85.13

88.33

RJW

2.40

3.0

15

17,782

??

.39

What was the closing price for this stock that appeared in yesterdays paper? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Yesterdays closing price

$

If the company currently has 27 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

$