Assignment #1 is here:

For this project, using the knowledge acquired over the course of the term and your work on Assignment #1, you are to:

1. Determine that the set of ratios computed for Assignment #1 is complete and correctly calculated. If you were informed that you selected an inappropriate company for Assignment #1, identify an appropriate company and compute the required ratios.

2. Obtain or compute directly the same ratios for at least one of your companys major competitors.

3. Use the financial statements, the ratios computed for your selected company, and the ratios computed/obtained for your companys competitor to prepare an analysis of your companys financial statements and performance for use by potential investors and lenders. Your analysis must include an assessment of your selected companys absolute and relative performance.

Ratios extracted from the latest 10K of Tesla.Inc Particulars Gross margin total automotive Gross margin total automotive & services and other segment Gross margin energy generation and storage segment Total gross margin 2017 2018 2019 23% 23% 21% 19% 19% 17% 22% 12% 12% 19% 19% 17% Research and Development % of sales Selling, general and administrative % of sales Restructuring and other expenses Interest Expense Other income 12% 21% 0% 4% -1% 5% 13% 1% 3% 0% 7% 11% 1% 3% 0% As we see in the above ratio table that is extracted from the latest 10K of tesla, following points can be analysed. 1. There are 3 segments of Tesla, Automotive and services and Generation & storage. Tesla is having the most gross profit from its total automotive sector. 2. The RandD expenses are decreasing from 2017 to 2019, this predicts that the company was doing research on products till and then started capitalising on the producing the products from 2019. 3. The selling and dist expenses are also decreasing from 2017 to 2019. It suggests that the company may have reduced its marketing expenses. 4. The interest costs are decreasing as the debt of the company is decreasing. More information for 10K of Tesla https://ir.tesla.comode/20456/html#ITEM 1 BUSINESS Assignment All of the warnings above aside, this project is relatively simple assignment, and, if you completed Assignment #1, you already have completed much of it. The project is to complete a formal financial analysis of the company you investigated for Assignment #1, assuming the firm you investigated for that assignment actually satisfied the assignment's requirements. Specifically, for Assignment #1 I asked that you: "1. Identify a publicly traded U.S.-based company (other than Target) in which you have some interest, and which has significant amounts of inventory. Such a company likely will be manufacturer (e.g., Tesla, Dover, Proctor & Gamble, Pfizer, Boeing, etc.) or (re)seller (e.g., McDonald's, Costco, Home Depot, Kroger, CVS, etc.). 2. Obtain the latest audited annual financial statements for the company identified. Generally, that will mean either: a. Use the information in Appendix A of your text, Accessing the EDGAR Database through the Internet, to obtain and download or print as a pdf the company's latest, complete Form 10-K, including its complete financial statements; or b. Navigate the company's website to find its investor relations page from which you can download or print as a pdf its latest annual report or Form 10-K. 3. The financial statements downloaded item 2 will include a balance sheet, income statement, statement of cash flows, and statement of changes in stockholder's equity for at least) the last two fiscal years. a. Use the information in those statements to compute the financial ratios presented and described in Appendix C of your text for each of the most recent two years for which data are presented. b. Immediately following your computation of each ratio pair, provide your assessment of the aspect of the company's performance measured by the ratio. Please do not get bogged down in this part of the assignment. Truly, just write what you think. I'm not looking for a "textbook" answer here; we have an entire term to come up with those. 4. Submit your responses along with the company's primary financial statements (i.e., its balance sheet, income statement, statement of cash flows, and statement of changes in stockholder's equity, only) as a single pdf file. Failure to comply with this requirement will result in grade of 0 (zero) on this assignment." For this project, using the knowledge acquire over the course of the term and your work on Assignment #1, you are to: 1. Determine that the set of ratios computed for Assignment #1 is complete and correctly calculated. If you were informed that you selected an inappropriate company for Assignment #1, identify an appropriate company and compute the required ratios. 2. Obtain or compute directly the same ratios for at least one of your company's major competitors. 3. Use the financial statements, the ratios computed for your selected company, and the ratios computed/obtained for your company's competitor to prepare an analysis of your company's financial statements and performance for use by potential investors and lenders. Your analysis must include an assessment of your selected company's absolute and relative performance. Ratios extracted from the latest 10K of Tesla.Inc Particulars Gross margin total automotive Gross margin total automotive & services and other segment Gross margin energy generation and storage segment Total gross margin 2017 2018 2019 23% 23% 21% 19% 19% 17% 22% 12% 12% 19% 19% 17% Research and Development % of sales Selling, general and administrative % of sales Restructuring and other expenses Interest Expense Other income 12% 21% 0% 4% -1% 5% 13% 1% 3% 0% 7% 11% 1% 3% 0% As we see in the above ratio table that is extracted from the latest 10K of tesla, following points can be analysed. 1. There are 3 segments of Tesla, Automotive and services and Generation & storage. Tesla is having the most gross profit from its total automotive sector. 2. The RandD expenses are decreasing from 2017 to 2019, this predicts that the company was doing research on products till and then started capitalising on the producing the products from 2019. 3. The selling and dist expenses are also decreasing from 2017 to 2019. It suggests that the company may have reduced its marketing expenses. 4. The interest costs are decreasing as the debt of the company is decreasing. More information for 10K of Tesla https://ir.tesla.comode/20456/html#ITEM 1 BUSINESS Assignment All of the warnings above aside, this project is relatively simple assignment, and, if you completed Assignment #1, you already have completed much of it. The project is to complete a formal financial analysis of the company you investigated for Assignment #1, assuming the firm you investigated for that assignment actually satisfied the assignment's requirements. Specifically, for Assignment #1 I asked that you: "1. Identify a publicly traded U.S.-based company (other than Target) in which you have some interest, and which has significant amounts of inventory. Such a company likely will be manufacturer (e.g., Tesla, Dover, Proctor & Gamble, Pfizer, Boeing, etc.) or (re)seller (e.g., McDonald's, Costco, Home Depot, Kroger, CVS, etc.). 2. Obtain the latest audited annual financial statements for the company identified. Generally, that will mean either: a. Use the information in Appendix A of your text, Accessing the EDGAR Database through the Internet, to obtain and download or print as a pdf the company's latest, complete Form 10-K, including its complete financial statements; or b. Navigate the company's website to find its investor relations page from which you can download or print as a pdf its latest annual report or Form 10-K. 3. The financial statements downloaded item 2 will include a balance sheet, income statement, statement of cash flows, and statement of changes in stockholder's equity for at least) the last two fiscal years. a. Use the information in those statements to compute the financial ratios presented and described in Appendix C of your text for each of the most recent two years for which data are presented. b. Immediately following your computation of each ratio pair, provide your assessment of the aspect of the company's performance measured by the ratio. Please do not get bogged down in this part of the assignment. Truly, just write what you think. I'm not looking for a "textbook" answer here; we have an entire term to come up with those. 4. Submit your responses along with the company's primary financial statements (i.e., its balance sheet, income statement, statement of cash flows, and statement of changes in stockholder's equity, only) as a single pdf file. Failure to comply with this requirement will result in grade of 0 (zero) on this assignment." For this project, using the knowledge acquire over the course of the term and your work on Assignment #1, you are to: 1. Determine that the set of ratios computed for Assignment #1 is complete and correctly calculated. If you were informed that you selected an inappropriate company for Assignment #1, identify an appropriate company and compute the required ratios. 2. Obtain or compute directly the same ratios for at least one of your company's major competitors. 3. Use the financial statements, the ratios computed for your selected company, and the ratios computed/obtained for your company's competitor to prepare an analysis of your company's financial statements and performance for use by potential investors and lenders. Your analysis must include an assessment of your selected company's absolute and relative performance