Question

You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today’s newspaper. 52-WEEK HI: 89.32 LO: 53.17 STOCK (DIV): RJW 8.47 YLD %: 5.29 PE: 9.01 VOL 100s: 17652 CLOSE: ?? NET CHG: -0.61   If the company currently has 9.44 million shares of stock outstanding, what was net income for the most recent four quarters? (Enter your answer in dollars, not millions of dollars, and round your final answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $1.234 million should be entered as 1234000.)

Answer 1

The answer for above problem is explained below.