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8-23 Using Stock Quotes [LO4] You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of todays newspaper. 52-WEEK STOCK

8-23 Using Stock Quotes [LO4] You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of todays newspaper. 52-WEEK STOCK (DIV) YLD % PE VOLUME 100s CLOSE NET CHANGE HI LO 62.50 38.00 RJW 1.60 3.2 17 10 ?? .49 a. 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.) b. If the company currently has 22 million shares of stock outstanding, what was net income for the most recent four quarters? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.)

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