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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
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 (5 thousands), December 31 2017 2016 Cash and cash equivalents $3.367.914 $3,393.216 Restricted cash 155.323 105,519 Net receivables Inventory 515381 499.142 2.263.537 2.067.454) 268.365 194,465 Other current assets Current assets 6.570.520 6.250.796 Current liabilities Total abilities Stockholders' equity 7.674,670 5.827.005 23.022.900 16.750.167 5.632.392 5.913.909 2017 (2.209.032) interest expense 471.250 160.654) CL414.014) Year ended December 31, Loss before income taxes Cash flows from operating activities Capital expenditures a. Compute the current ratio and quick ratio for each year. Note: Round answers to two decimal places. Current ratio Quick ratio 2017 2016 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
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