What was the closing price for this stock

Assignment Help Financial Management
Reference no: EM131185365

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 72.78 53.67 RJW 1.30 2.0 15 17,902 ?? − .38

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 16 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.)

Reference no: EM131185365

Questions Cloud

Requires an initial fixed asset investment : Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.49 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be w..
The index continues to grow at its historic rate : In Feb 2000 the NASDAQ composite index peaked at a level of 4,682. In Feb of 2006 it was at a level of 2,024. The NASDAQ index has historically grown at an average rate of 9.0%. If the index continues to grow at its historic rate, then how many years..
Find the present value of the following ordinary annuities : Find the present value of the following ordinary annuities: a. $400 per year for 10 years at 10% b. $200 per year for 5 years at 5% c. $400 per year for 5 years at 0% d. Now rework parts a, b, and c assuming that payments are made at the beginning of..
What is the present value of this stream of payments : Suppose that you will receive annual payments of $17,000 for a period of 10 years. The first payment will be made 4 years from now. If the interest rate is 5%, what is the present value of this stream of payments?
What was the closing price for this stock : 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 72.78 53.67 RJW 1.30 2.0 15 17,902 ?? − .38. What was the closing price for thi..
Potentially bullish signals for common shareholders : List 4 reasons that might motivate a firm to conduct a stock buyback. Which of these reasons are potentially "bullish" signals for common shareholders? Explain briefly. List 1 bullish, and 1 bearish, interpretation of a cash dividend increase.
Maximum percentage decline in the stock : You decide to buy 1,300 shares of stock at a price of $36 and an initial margin of 65 percent. What is the maximum percentage decline in the stock before you will receive a margin call if the maintenance margin is 40 percent?
Assets common stock total assets retained earnings : Complete the balance sheet and sales information in the table that follows for J. White Industries using the following financial data: TOTAL ASSETS turnover: 1.5 Gross profit margin on sales: (Sales - COGS)/sales = 25%. Partial Income Stmt Info Sales..
What was the net income after-tax : Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $16,976,400. Depreciation and amortization was $846,300, interest expense for the year was $886,800, and selling general and administrative expenses totaled $1,447,..

Reviews

Write a Review

Financial Management Questions & Answers

  Present value of the bankruptcy cost for the unlevered firm

The unlevered firm expects to earn $250,000 in net operating income each year for the foreseeable future. It has a tax rate of 40% and has a capitalization rate of 8% equal to the industry required return for this type of firm. What is the present va..

  Salon quarterly financial statements

Would this pose any problems for the banker (at the bank where the salon borrows money) who reviews the salon's quarterly financial statements?

  Determine the cost of capital

The Floyd Company has employed you to determine its weighted average cost of capital. The net income is projected to be $504,545 during the coming year. The marginal tax rate is 40%. The firm’s beta is 1.5 Market: The expected return on the market is..

  Suppose investors can earn a return

Suppose investors can earn a return of 5.0% per 6 months on a Treasury note with 6 months remaining until maturity. The face value of the T-bill is $10,000. What price would you expect a 6-month maturity Treasury bill to sell for?

  Give two examples of management communication

Give two examples of management communication through corporate actions (things that they do instead of things they say) that convey information to shareholders. Explain what information is conveyed through those actions.

  Bonds price changes as interest rates change

If two bonds have the same duration, the change in their price when interest rates change will be the same. For non-callable bonds, duration provides only a linear approximation of a bond's price changes as interest rates change

  Spot market-dollar exchange rate

Suppose 1 U.S. dollar equals 1.60 Canadian dollars in the spot market. Six-month Canadian securities have an annualized return of 6% (and thus a 6-month periodic return of 3%). Six-month U.S. securities have an annualized return of 6.5% and a 6-month..

  Annual return on common stocks are normally distributed

If we assume that the annual return on common stocks are normally distributed, then approximately 99% of the returns will fall within the range              % if the average historical return is 6.1% with a standard deviation of 8.6%.

  Payer percent of patients payment lag medicare

Suppose that a health care organization had revenues of $300,000 for March and that the payer mix is as follows: PAYER PERCENT OF PATIENTS PAYMENT LAG Medicare 40 3 months Medicaid 20 3 months Blue Cross 15 2 months Other insurer 15 1 month Self-pay ..

  Historical data refer to annual return or the stock prices

If I want to calculate expected return of a company using historical data, what kind of historical data should I use? Where can I get the historical data? does the historical data refer to annual return or the stock prices?

  Risk free rate and market risk premium

Assume the risk free rate is 6% and the market risk premium is 7.5%. Ragnarok Unlimited Corp. (RUC) has a beta of 4, and it offers a return of 27% at the moment. Is RUC fairly priced according to the CAPM? Why or why not? If the price is not fair, wh..

  What is conversion value of each convertible bond at year

Frye Inc. is considering raising the new capital through issuing convertible bonds which will be sold at par, carry a coupon rate of 6% - annually paid, have 20-year maturity, and can be converted into 23 shares of stock. The bonds would be non calla..

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