You have found the following stock quote for RJW Enterprises, Inc., in the finan

Question

You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today's newspaper. The closing price for this stock that appeared in yesterday's paper was $ __(Do not include the dollar sign ($). Round your answer to 2 decimal places. (e.g., 32.16)). If the company currently has 27 million shares of stock outstanding, the net income for the most recent four quarters was $__. (Do not include the dollar sign ($). Round your answer to the nearest whole dollar amount. (e.g., 32))

You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today's newspaper. The closing price for this stock that appeared in yesterday's paper was $ __(Do not include the dollar sign ($). Round your answer to 2 decimal places. (e.g., 32.16)). If the company currently has 27 million shares of stock outstanding, the net income for the most recent four quarters was $__. (Do not include the dollar sign ($). Round your answer to the nearest whole dollar amount. (e.g., 32))

Explanation / Answer

price today = 0.15/0.25% = 60

price yesterday = 60 + 1.4 = 61.40

earnings per share = 60/15 = 4

net income = 4*27,000,000 = 108,000,000

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