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Problem 3-2 Stock Quotations (LO2, CFA3) You found the following stock quote for DRK Enterprises, Inc., at your favorite website. You also found that the
Problem 3-2 Stock Quotations (LO2, CFA3) You found the following stock quote for DRK Enterprises, Inc., at your favorite website. You also found that the stock paid an annual dividend of $.52, which resulted in a dividend yield of 2.4 percent. Assume the company has 86 million shares of stock outstanding and a PE ratio of 13. DAILY 52 WEEK Low Company High Symbol DRK %Chg Vol 18,649,130 YTD %Chg 8.73% Close ?? Chg .26 %Chg .45% DRK Enterprises 78.19 51.74 11.0% What was net income for the most recent four quarters? (Do not round intermediate calculations. Round your answer to the nearest whole number.) Net income
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