Question
Compare the Price Earnings Growth (PEG) ratios of Tesla, Inc. and Ford Motor Company using the following financial data: Item Tesla, Inc. Ford Motor Company
Compare the Price Earnings Growth (PEG) ratios of Tesla, Inc. and Ford Motor Company using the following financial data:
Item | Tesla, Inc. | Ford Motor Company |
Market Price per Share | $600.00 | $50.00 |
Earnings per Share | $10.00 | $2.50 |
Annual Growth Rate | 20% | 10% |
Question:
Which company has a higher Price Earnings Growth (PEG) ratio? Calculate the PEG ratio for each company and compare.
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Ethical Obligations and Decision Making in Accounting Text and Cases
Authors: Steven Mintz, Roselyn Morris
4th edition
978-1259543470, 1259543471, 978-1259730191
