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As of December 31, 2022, Tesla Inc. presents the following: Balance Sheet: Cash: $19 billion Accounts Receivable: $5 billion Inventory: $10 billion Total Current Assets:

As of December 31, 2022, Tesla Inc. presents the following:

  • Balance Sheet:
    • Cash: $19 billion
    • Accounts Receivable: $5 billion
    • Inventory: $10 billion
    • Total Current Assets: $34 billion
    • Total Assets: $100 billion
    • Accounts Payable: $12 billion
    • Current Liabilities: $5 billion
    • Long-term Debt: $15 billion
    • Shareholders’ Equity: $68 billion
  • Income Statement:
    • Revenue: $90 billion
    • Cost of Goods Sold: $60 billion
    • Operating Expenses: $20 billion
    • Interest Expense: $1 billion
    • Tax Rate: 20%

Requirements:

  1. Calculate the current ratio.
  2. Determine the gross profit margin.
  3. Compute the debt-to-equity ratio.
  4. Evaluate the net income.

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