Using Stock Quotes You have found the following stock quote for RJW Enterprises, Inc., in the financial
Question:
Using Stock Quotes You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today??s newspaper. What was the closing price for this stock that appeared in yesterday??s paper? If the company currently has 25 million shares of stock outstanding, what was ne income for the most recent four quarters?
52-WEEK HI YLD VOL 100s NET STOCK (DIV) CHG LO PE CLOSE ?? RJW 1.36 51.45 44.67 -0.23 2.7 17652 14
Step by Step Answer:
The annual dividend paid to stockholders is 136 and the dividend yield is 27 per...View the full answer
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
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Stocks (also known as equities) are securities that represent ownership in a company. They are issued by companies to raise capital, and when an individual buys stocks, they become a shareholder in that company. Investing in stocks can be a way for individuals to potentially earn a return on their investment through dividends and capital appreciation. However, investing in stocks also carries a level of risk, as the value of the stock can fluctuate based on various factors such as the financial performance of the company and general market conditions. For companies, issuing stocks can be a way to raise funds for growth and expansion. When a company goes public by issuing an initial public offering (IPO), it can raise significant capital by selling ownership stakes to the public. Companies can also issue additional stock offerings to raise additional capital as needed.
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