Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

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 $.73, which resulted in a dividend yield of 1.9 percent. Assume the company has 73 million shares of stock outstanding and a PE ratio of 12.

DAILY YTD 52 WEEK
Company Symbol Vol Close Chg %Chg %Chg High Low %Chg
DRK Enterprises DRK 18,649,130 ?? .26 .45% 8.73% 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.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Nasdaq And Us30 Ultimate Day Trading Strategy

Authors: James Jecool King

1st Edition

979-8367719499

More Books

Students also viewed these Finance questions