Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Nikola Tesla stock price is $678 per share at the market close of 3/16/2021. The company has an EPS (earnings per share) of $0.80 for

Nikola Tesla stock price is $678 per share at the market close of 3/16/2021. The company has an EPS (earnings per share) of $0.80 for the trailing twelve month (TTM). Its total market capitalization as of 3/16/2021 is $700B. Then its TTM P/E ratio must be____. A. 1058 B. 169 C. 1.032 D. 848

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_2

Step: 3

blur-text-image_3

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

Fundamentals of Investment Management

Authors: Geoffrey Hirt, Stanley Block

10th edition

0078034620, 978-0078034626

More Books

Students also viewed these Finance questions

Question

Using (1) or (2), find L(f) if f(t) if equals: t cos 4t

Answered: 1 week ago

Question

6-11. What else (if anything) would you suggest?

Answered: 1 week ago