Had tesla motors announced that the board of directors

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Problem 1: In January 2020, Tesla Motors announced that the board of directors had authorized a $2 billion share repurchase program. One reason that Tesla may want to repurchase its own stock is to signal to the market that its shares are overvalued.

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False

Problem 2: Since ratio analysis is based on historical financial statements, ratio analysis is not useful across companies in different industries over time.

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False

Reference no: EM132513969

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