FREE Trial
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?

Step by Step Solution

★★★★★

3.41 Rating (157 Votes )

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

Accounting

Accounting

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

23rd Edition

978-0324662962

More Books

Students also viewed these Finance questions

Question

★★★★★
1. A company had 400,000 common shares outstanding during 2020.It also had 100,000 shares of 8%, $100 par nonconvertible and cumulative preferred stock outstanding for the entire year of 2020.The...

Answered: 1 week ago

Question

★★★★★
The unclassified statement of financial position accounts for Sorkin Corporation, which is a public company using IFRS, for the year ended December 31, 2016 and its statement of comprehensive income...

Answered: 1 week ago

Question

★★★★★
The Stockholders' Equity section of Nilsson Corporation's balance sheet as of December 31, 2012, is as follows: Common stock ($5 par, 500,000 shares authorized, 275,000 issued and outstanding). . . ....

Answered: 1 week ago

Question

★★★★★
Mike has the following monthly information: Salary $4,000 Rent 1,800 700 Car payment Investment Income 200 Meals 900 Groceries 700 Student Loan Payment 400 Other Expenses 600 1. What is Mike's...

Answered: 1 week ago

Question

★★★★★
Identify the parent country, host country(ies), and third country(ies) in the following example: A global soft-drink company called Cold Cola has headquarters in Atlanta, Georgia. It operates...

Answered: 1 week ago

Question

★★★★★
V is a vector space and A is an m n matrix. Justify each answer. (T/F) The dimensions of the row space and the column space of A are the same, even if A is not square.

Answered: 1 week ago

Question

★★★★★
Consider the experiment of throwing a die twice, and define the following events: A: the sum of the two outcomes is 6; B: the two outcomes are equal; C: the first outcome is an even integer; D: the...

Answered: 1 week ago

Question

★★★★★
Criminal Code Section 18-760, Robbery. A person who knowingly takes anything of value from the person or presence of another by use of force, threats, or intimidation commits robbery. Criminal Code...

Answered: 1 week ago

Question

★★★★★
Builder Products, Inc., uses the weighted average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information...

Answered: 1 week ago

Question

★★★★★
Pure Plant Beauty is a sole proprietorship that has a developed a new line of skin care and makeup that uses natural and organic ingredients. The company showed the following adjusted account...

Answered: 1 week ago

Question

★★★★★
Suppose that Karen deposits $400 into her checking account at the bank. The reserve requirement for Karen's bank is 14%. Assume the bank does not want to hold any excess reserves of new deposits. a....

Answered: 1 week ago

Question

★★★★★
Flu-related pandemics are not new phenomena and they have taken the valuable lives of millions over centuries. COVID-19, like other flu viruses, causes mild-to-severe respiratory illnesses that can...

Answered: 1 week ago

Question

★★★★★
Look at the test script test.py. You can see that there is space for an additional test case in the test procedure test_avg. We want you to test the function on range(10,20). To do this: Create a...

Answered: 1 week ago

Question

★★★★★
At this stage of the PLC , the brand manager is likely to cut back on advertising a bit and increase sales promotions, though ultimately would, most likely, lower prices: introduction early growth...

Answered: 1 week ago

Question

★★★★★
Over the next seven years a well - to - do relative has promised to give you $ 2 , 2 5 0 every month. The first payment is received one - month from today. Assume the relevant interest rate is equal...

Answered: 1 week ago

Question

★★★★★
According to the announcement, from the Covid hearing in the European parliament, Pfizer stated that the vaccine had never been tested on stopping the transmission of the virus, this removes the...

Answered: 1 week ago

Question

★★★★★
kindly answer part b . what changes student can make in his personal budget after semester finished and how? answer should be minimum one full page KB/S Reflective Term... o SSC 109G - REFLECTIVE...

Answered: 1 week ago

Question

★★★★★
Show that if A is any m n matrix, then Im A = A and AIn = A.

Answered: 1 week ago

Question

★★★★★
Why is the cost per equivalent unit often determined separately for direct materials and conversion costs?

Answered: 1 week ago

Question

★★★★★
One of the operations in the U.S. Post Office is a mechanical mail sorting operation. In this operation, letter mail is sorted at a rate of one letter per second. The letter is mechanically sorted...

Answered: 1 week ago

Question

★★★★★
Green Thumb Landscaping designs and installs landscaping. The landscape designers and office staff use office supplies, while field supplies (rock, bark, etc.) are used in the actual landscaping....

Answered: 1 week ago

Question

★★★★★
Sasha has 60 hours a week she can work or have leisure. Wages are $8/hour. a. Graph Sashas budget constraint for income and leisure. b. Suppose wages increase to $10/hour. Graph Sashas new budget...

Answered: 1 week ago

Question

★★★★★
Identify whether each of the following markets has few or many producers, and uniform or differentiated products. Which market is an oligopoly? Which market is monopolistically competitive? a....

Answered: 1 week ago

Question

★★★★★
Suppose your friend wants to become a doctor. Describe some of the human capital required to achieve this goal.

Answered: 1 week ago

Previous Question Next Question