Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Read the following piece from the Motley Fools, and answer the question: Autonomous vehicle technology is all the rage right now, and that's being reflected

Read the following piece from the Motley Fools, and answer the question:

Autonomous vehicle technology is all the rage right now, and that's being reflected in the valuations that both start-ups and established companies are fetching. The latest move in the space is today's announcement that Intel (NASDAQ:INTC) is acquiring Israel-based Mobileye (NYSE:MBLY) in a blockbuster $15.3 billion deal that will immediately and dramatically expand Intel's position in the market for autonomous vehicle technology while giving the chip giant relationships with over a dozen of the most prominent automakers in the world.

Mobileye generated ??? million in revenue last year and ??? million in net income, meaning it's getting taken out at 42.7 times sales and 141.7 times earnings

A/ What is Mobileyes net income last year? (answer the number in million.)

B. If the earning growth rate of Mobileye is 50%, what is the PEG ratio of this transaction?

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

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

Asia Bond Monitor June 2016

Authors: Asian Development Bank

1st Edition

9292574930,9292574949

More Books

Students also viewed these Finance questions

Question

What is the best conclusion for Xbar Chart? UCL A X B C B A LCL

Answered: 1 week ago