Hi, I need some help in answering a question for my Strategic Management class. Specifically I need help with the second question as I have already answered the first.

1. Use four corporate valuation methods to estimate an average market value for either Apple, or Tesla? Show all your calculations? Net Worth Method Market Value = 2019 SE - (Goodwill + Intangibles) = 89.53 B - 0 Market Value = 89.53 B Net Income Method Market Value = 2019 Net Income x 5 = 55.26 billion x 5 Market Value = 276.3 billion Price-Earnings Ratio Method Market Value = (Stock Price / EPS) x NI = ($293.65 / $12.66) x 55.26 B = $23.20 x 55.26 B Market Value = 1.282 T Outstanding Shares Method Market Value = # of shares outstanding x 2019 stock price = 4.443 B x $293.65 Market Value = 1.305 T

2. Elaborate on the results and the range of variance between the four methods?