Elon Musk is the CEO of Tesla and pays special attention to the stock price of Tesla. Using the STOCKHISTORY function,create a table showing the closing price of Tesla stock for each day during the month of January 2023

Elon Musk, as the CEO of Tesla, naturally pays close attention to the company's stock price. This is…

Answered: Elon Musk is the CEO of Tesla and pays…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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All of the following occurred in 2019. A Plc has 3,500,000 shares in issue on 1st January. On 1st April, a further 300,000 shares were issued in the market. Later in the year, on 1st November, the company bought back 100,000 shares. On the 10th December, a 3 for 1 stock split came into effect. The net income for the year was €17,000,000 and the company paid €1,600,000 in preferred dividends. In the notes disclosures relating to granting of options and warrants: 1,050,000 Stock options, exercise price €30 900,000 Warrants, exercise paid €33 (the option and warrant exercise prices have been adjusted to reflect the stock split). Over the year, the company’s average share price was 40€. Calculate the basic and diluted EPS and show all your workings. If the company hadn’t issued stock options and warrants but had given equity upside through the preferred shares being convertible into 100,000 ordinary shares. What would the diluted EPS be now?
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Now suppose the stock price of Kaplin Incorporated throughout the four quarters in 2019 actually looks as follows: 100 90 80 70 60 50 40 30 20 10 0 o st. 1 Kaplin Incorporated Stock Price (2019) 2 3 5 (? Suppose you purchased 3,500 shares at the beginning of January (the beginning of Quarter 1) at the market price. If you decide that you made a mistake purchasing the stock and sell all of your shares once the price drops to $30, your profit will be Suppose you purchased an American-style put option for $4 per share with an exercise price of $35 that expires at the end of March. Given the strike price, and stock prices throughout the quarter, you ▼ exercise the put option because it is ▼. As a result, your profit will be $ (Hint: If you exercise the put option, assume you immediately purchase shares, at the lowest price in Quarter 1, that can then be resold using the put option.) Given each of your answers in this problem, and that investors are perfect call makers, what conclusion can…
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Elon Musk is the CEO of Tesla and pays special attention to the stock price of Tesla. Using the STOCKHISTORY function, create a table showing the closing price of Tesla stock for each day during the month of January 2023