On Friday, August 28, 2020, the stock of Tesla Inc. closed at $2,213.40 per share. On the
Question:
On Friday, August 28, 2020, the stock of Tesla Inc. closed at $2,213.40 per share. On the following Monday, the company split its stock 5-for-1, and the stock price traded for $444.61 per share. Were Tesla shareholders better off, worse off, or in the same position after the split compared with before? What return did they earn from Friday to Monday?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (3 reviews)
To determine whether Tesla shareholders were better off worse off or in the same position after the ...View the full answer
Answered By
Diane Joyce Pastorin
Please accept my enthusiastic application to solutioninn. I would love the opportunity to be a hardworking, passionate member of your tutoring program. As soon as I read the description of the program, I knew I was a well-qualified candidate for the position.
I have extensive tutoring experience in a variety of fields. I have tutored in English as well as Calculus. I have helped students learn to analyze literature, write essays, understand historical events, and graph parabolas. Your program requires that tutors be able to assist students in multiple subjects, and my experience would allow me to do just that.
You also state in your job posting that you require tutors that can work with students of all ages. As a summer camp counselor, I have experience working with preschool and kindergarten-age students. I have also tutored middle school students in reading, as well as college and high school students. Through these tutoring and counseling positions, I have learned how to best teach each age group.
4.60+
2+ Reviews
10+ Question Solved
Related Book For
Principles Of Managerial Finance
ISBN: 9781292400648
16th Global Edition
Authors: Chad Zutter, Scott Smart
Question Posted:
Students also viewed these Business questions
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Describes 7shifts' pioneering role in revolutionizing restaurant management through cloud-based solutions.
-
After the accounts are closed on July 3, 2015, prior to liquidating the partnership, the capital accounts of Whitney Lacy, Eli Oliver, and Marc Dussault are $28,200, $7,800, and $37,200,...
-
Consider the system of Fig. P6.5-2, with the digital filter as described in Problem 6.5-2. (a) Find the system type. (b) Find the steady-state response for a unit ramp input, without finding C(z)....
-
The type of model building used by Pauling and by Watson and Crick involved the use of ball-and-stick units. Model building can now be done with computer software. Even though you may not be familiar...
-
Sansomite Co. distributes suitcases to retail stores and extends credit terms of 1/10, n/30 to all of its customers. At the end of June, Sansomites inventory consisted of suitcases costing $1,200....
-
Sales for a new car is expected to grow according to the equation: S = 150000(1-e -0.06t ), where t = months i) Calculate the number of cars sold after one year. ii) Calculate the number of cars sold...
-
Assume that you are the CFO of a company contemplating a stock repurchase next quarter. Right now you forecast that the companys EPS will be $2.09, but you receive a large bonus if EPS exceeds $2.10....
-
Alternative dividend policies Given the earnings per share over the period 2014 2021 shown in the following table, determine the annual dividend per share under each of the policies set forth in...
-
The bottom of a large theater screen is 3 ft above your eye level and the top of the screen is 10 ft above your eye level. Assume you walk away from the screen (perpendicular to the screen) at a rate...
-
Discuss how you would specifically prepare for trial. What questions do you anticipate being asked, and how would you answer them? Does your analysis uncover any investigative mistakes or problem...
-
1. What roles did you see emerge from your group project? What type of roles were they (social roles, task roles, dysfunctional roles)? What behaviors did the individuals exhibit that indicated they...
-
The distance from the Earth to Pluto is 4.67times 10^(9) miles. If a new flying machine can travel 1.92times 10^(5) miles per year, how many years would it take to reach Pluto? Write your answer in...
-
Why does Zal have to call the Simurgh to help Rudabeh when she is giving birth to ustem?
-
Assessment: Describe how the transition team plans to monitor, assess, and evaluate the established goals. What processes and strategies will be put into place to implement these assessments?...
-
Predict the product(s) of the following reactions: CH (b) CH-CH (a) 1. DIBAH 2. H30+ 1. CH2CH,MgBr 2. " CHCH-CH2CO2CH3 (d) .cocI (c) CH NH2, ? CH3 H2SO4 "CH CH3CO2COCH3 (f) 1. LIAIH (e) 2. "...
-
A genetically engineered strain of Escherichia coli (E. coli) is used to synthesize human insulin for people suffering from type I diabetes mellitus. In the following simplified reaction scheme,...
-
Tesla Motors shares were initially offered to investors at $17. Three years later, the price was $90 per share. What was the compound annual return that Tesla investors owned over this period? Given...
-
Three years ago, you purchased a bond with a coupon rate of 8% and 9 years left until maturity. The bond pays a coupon semiannually. Today, the market requires a return of 6% for a similar investment...
-
You are considering buying a bond with a 10-year maturity. The bonds coupon rate is 8%, and the interest is paid semiannually. If you want to earn an effective interest rate of 8.16%, how much should...
-
What is the last opportunity for tax shareholders to on any earnings and profits that the corporation has accumulated? Explore the terms acquisition, liquidation and redemption.
-
A bond maturing on Dec 31, 2026. is sold on May 1, 2021. Last coupon date was Dec 31, 2020. Next Coupon date is June 30, 2021. It pays 7% coupon (paid semi-annually). Par value is $1000. Yield is 5%....
-
Efficient documentation impacts a company audit in which way? Explain briefly also took some example of efficient documentations.
Study smarter with the SolutionInn App