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Compute and Interpret Liquidity and Solvency Ratios Selected balance sheet, income statement and cash flow statement information from Tesla, Inc. for 2017 and 2016

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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 2016 2017 Cash and cash equivalents $3,367,914 $3,393,216 Restricted cash 155,323 105,519 Net receivables 515,381 499,142 Inventory 2,263,537 2,067,454 Other current assets 268,365 194,465 Current assets 6,570,520 6,259,796 Current liabilities 7,674,670 5,827,005 Total liabilities 23,022,980 16,750,167 Stockholders' equity 5,632,392 5,913,909 Year ended December 31, 2017 Loss before income taxes $(2,209,032) Interest expense 471,259 Cash flows from operating activities (60,654) Capital expenditures (3,414,814) a. Compute the current ratio and quick ratio for each year. Note: Round answers to two decimal places. 2017 2016 Current ratio Quick ratio b. Compute the debt-to-equity ratio for 2017 and 2016 and the times-interest-earned ratio for 2017. Note: Round answers to two decimal places. Use a negative sign with your answer, if appropriate. Debt-to-equity ratio Times interest earned ratio 2017 2016 c. Compute the cash burn rate for 2017. Note: Round answer to the nearest whole number. Use a negative sign with your answer, if appropriate. $ thousand per day

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