Compute and Interpret Liquidity and Solvency Ratios Selected balance sheet, income statement and cash flow statement information from Tesla, Inc. for 2017 and 2016 follows ($ thousands). December 31 Cash and cash equivalents Restricted cash. . . . Net receivables. . Inventory.... Other current assets. . Current assets. Current liabilities. Total liabilities.... Stockholders' equity.. Year ended December 31, 2017 $ 3,367,914 2016 $ 3,393,216 155,323 105,519 515,381 499,142 2,263,537 2,067,454 268,365 194,465 6,570,520 6,259,796 7,674,670 5,827,005 23,022,980 16,750,167 5,632,392 5,913,909 2017 a. Loss before income taxes.. Interest expense... Cash flows from operating activities. Capital expenditures. . . . . $(2,209,032) 471,259 (60,654) (3,414,814) Compute the current ratio and quick ratio for each year and discuss any trend in liquidity. Do you believe the company is sufficiently liquid? How should the balance in restricted cash af- fect your analysis? b. Compute the debt-to-equity ratio for 2017 and 2016 and the times-interest-earned ratio for 2017. Discuss the trend in the debt-to-equity ratio. C. Compute the cash burn rate for 2017. What questions are raised by this figure?