Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You found the following stock quote for DRK Enterprises, Incorporated, at your favorite website. You also found that the stock paid an annual dividend
You found the following stock quote for DRK Enterprises, Incorporated, at your favorite website. You also found that the stock paid an annual dividend of $0.69, which resulted in a dividend yield of 1.5 percent. Assume the company has 83 million shares of stock outstanding and a PE ratio of 19. Company DRK Enterprises DAILY Symbol DRK Volume 18,649,130 Close ?? Change 0.26 Change XChange 0.45% High 8.73% 78.19 52 WEEK Low 51.74 XChange 11.0% What was net income for the most recent four quarters? Note: Do not round intermediate calculations. Round your answer to the nearest whole number. Answer is complete but not entirely correct. Net income 254,187,500
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started