Question
Compare the cash flow statements of Tesla, Inc. and General Motors Company for the fiscal year 2023: Item Tesla, Inc. General Motors Company Operating Cash
Compare the cash flow statements of Tesla, Inc. and General Motors Company for the fiscal year 2023:
Item | Tesla, Inc. | General Motors Company |
Operating Cash Flow | $20 billion | $15 billion |
Investing Cash Flow | $(10) billion | $(12) billion |
Financing Cash Flow | $(8) billion | $(10) billion |
Net Change in Cash |
Question:
- Calculate the net change in cash for both Tesla, Inc. and General Motors Company for the fiscal year 2023.
- Which company experienced a greater decrease in cash from financing activities?
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
16th Edition
978-0324312140
