Yqu have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today's newspaper. What yas the closing price for this stock that appeared in yesterday's paper? If the company currently has 25 million shares of stock outstanding, what was earrings available to common stockholders (EAC) for the most recent four quarters? a. The annual dividend paid to stockholders is $1.85, and the dividend yield is 2.15 percent. Dividendyield=StockclosingpriceDividend0.0215=ClosingPrice1.85ClosingPrice=0.02151.85=86.046511628 b. The "Net Chg" of the stock shows the stock increased by $0.27 on this day, so the closing stock price yesterday was: Yesterday's closing price =$86.0465116280.27=$85.776511628 c. To find the EAC, we need to find the EPS. The stock quote tells us the P/E ratio for the stock is 19. Since we know the stock price as well, we can use the P/E ratio to solve for EPS as follows: PE=PastannualEPSStockclosingprice19=PastannualEPS86.046511628PastannualEPS=1986.046511628=4.528763770[PastannualEPS=4.528763770]=[#SharesPastannualEAC=25MPastannualEAC] Past annual EAC=4.52876377025M=$113,219,094.247246 - Draw timeline - simplify problem step by step