Excel Project: Part II Instructions

Competitor Income Statements, Balance Sheets, and Cash Flows (Tabs 5-7), and

Historical and Competitor Ratios (Tab 8)

-TESLA INC COMPANY excel sheet on SEC.GOV

Continue in the same Excel workbook prepared in Week 1, adding the following tabs:

oThe fifth tab in your Financial Statement Analysis Template must be labeled Competitor Income Statements

Include the latest income statement for the company selected for the Excel project along with two or three major competitors.(Only one year of data is shown for each company - the latest year available.)

oThe sixth tab in your Financial Statement Analysis Template must be labeled Competitor Balance Sheets

Include the latest Balance Sheet for the company selected for the Excel project along with two or three major competitors.(Only one year of data is shown for each company - the latest year available.)

oThe seventh tab in your Financial Statement Analysis Template must be labeled Competitor Statements of Cash Flows

Include the Statement of Cash Flows for the company selected for the Excel project along with two or three major competitors.

Make sure that the Income Statement, Balance Sheet, and Cash Flows Statement tie in as follows:

Net Income from Income statement agrees with Net Income on the Statement of Cash Flows

Ending Cash Balance from Statement of Cash Flows agrees with Cash in the Balance Sheet

oThe eighth tab in your Financial Statement Analysis Template must be labeled Historical and Competitor Ratios

The list of ratios to be included are as follows.They should be grouped under the headings, as shown:

Liquidity Ratios

oCurrent Ratio

oQuick Ratio

Leverage Ratios

oDebt to Total Assets Ratio

oDebt Equity Ratio

oLong-Term Debt to Equity

oTimes Interest Earned Ratio

Activity Ratios

oInventory Turnover

oFixed Assets Turnover

oTotal Assets Turnover

oAccounts Receivable Turnover

oAverage Collection Period

Profitability Ratios

oGross Profit Margin

oOperating Profit Margin

oNet Profit Margin

oReturn on Total Assets (ROA)

oReturn on Stockholders' Equity (ROE)

oEarnings Per Share (EPS)

oPrice Earnings Ratio

Calculate the ratios for your chosen company for the last three years, linking the ratio calculations back to the historical financial statement tabs (Tabs 2-4) using formulas.

Calculate the ratios for each of your company's competitors (most recent year only), linking the ratio calculations to the competitor financial statements shown in Tabs 5-7 using formulas.

Using the internet, locate the industry averages for the ratios listed above, and include them in the final column of the ratio tab.Include a footnote on the tab to identify the source of the industry averages.

oOther instructions:

The Excel workbook should be professionally formatted.Professional formatting includes:

All numbers are formatted similarly.The use of decimals, commas for thousands, and other formatting is consistent.

Dollar signs are included in the first and last numbers of each column.

Subtotals and totals are preceded by a single underline.Totals are followed by a double underline.

Line descriptions are indented/bolded in a manner that makes the spreadsheet easy to read.

All totals and subtotals should be calculated using formulas.For an example of which cells may need formulas, please see Exhibit B.

This assignment is due by 11:59 p.m. (ET) on Monday of Module/Week 3.

AutoSave O Off) AND - GH excelprojectlacct370 (1) - Excel Search keturahlove18@icloud.com K X File Home Insert Page Layout Formulas Data Review View Help Share Comments Ruler Formula Bar Split DO View Side by Side Normal Page Break Page Custom Zoom 100% Zoom to New Arrange Freeze Hide IDSynchronous Scrolling G Preview Layout Views Gridlines Headings Switch Macros Selection Window All Panes Unhide I En Reset Window Position Windows Workbook Views Show Zoom Window Macros BS X V A B C D Consolidated Statements of Redeemable Noncontrolling Interest and Stockholders' Equity - USD ($) shares in Millions, $ in Millions Total Convertible Senior Notes due in 2022 [Member] Convertible Senior Notes due in 2024 [Member] May 20 Balance at Dec. 31, 2016 $ 5,538 3 Balance, shares at Dec. 31, 2016 Adjustments for prior periods from adopting Accounting Standards Update | Accounting 4 Standards Update No. 2016-09 [Member] Conversion feature of Convertible Senior Notes $ 146 6 Purchases of convertible note hedges (204) 7 Sales of warrants 53 8 Exercises of conversion feature of convertible senior notes 230 9 Exercise of conversion feature of convertible senior notes, Shares Issuance of common stock for equity incentive awards and acquisitions, net of transaction 269 10 costs Issuance of common stock upon acquisition and equity incentive awards, net of 11 transaction costs, Shares 12 Issuance of common stock public offering 13 Issuance of common stock public offering, shares 14 Stock-based compensation 485 15 Contributions from noncontrolling interests 597 16 Distributions to noncontrolling interests (164) 17 Other in ... Historical Statement of Cash FI Competitor Income Statements Competitor Balance Sheet Con ... + : + 100% Type here to search O 9 e W X 3:48 PM 6/1/2020AutoSave O Off) excelproject1acct370 (1) - Excel Search keturahlove18@icloud.com K X File Home Insert Page Layout Formulas Data Review View Help Share Comments Ruler Formula Bar Split DO View Side by Side Hide IDI Synchronous Scrolling G Normal Page Break Page Custom Preview Layout Views Gridlines Headings Zoom 100% Zoom to New Arrange Freeze Switch Macros Selection Window All Panes Unhide In Reset Window Position |Windows Workbook Views Show Zoom Window Macros B18 X V A B C D E F G H I J K N - Consolidated Statements of Comprehensive Loss - USD ($) $ in Millions 12 Months Ended Dec. 31, 2019 Dec. 31, 2018 Dec. 31, 2017 Statement Of Income And Comprehensive Income [Abstract] 4 Net loss $ (775) $ (1,063) $ (2,241) 5 Other comprehensive loss: 6 Reclassification adjustment for net gains on derivatives into net loss (6) Foreign currency translation adjustment (28) (42) 63 8 Comprehensive loss (803) (1,105) (2,184) Less: Comprehensive income (loss) attributable to noncontrolling interests and 87 (87) (279) 9 redeemable noncontrolling interests in subsidiaries 10 Comprehensive loss attributable to common stockholders $ (890) $ (1,018) $ (1,905) 11 12 13 14 15 16 17 18 19 ... Historical Statement of Cash FI Competitor Income Statements Competitor Balance Sheet Col ... + : Edit + 100% Type here to search O 9 e W X 3:49 PM 6/1/2020AutoSave O Off) excelproject1acct370 (1) - Excel Search keturahlove18@icloud.com K X File Home Insert Page Layout Formulas Data Review View Help Share Comments Ruler Formula Bar Split DO View Side by Side Hide IDSynchronous Scrolling G Normal Page Break Page Custom Zoom 100% Zoom to New Arrange Freeze Switch Preview Layout Views Gridlines Headings Macros Selection Window All Panes Unhide In Reset Window Position | Windows Workbook Views Show Zoom Window Macros X V A B D E F G H I J K N - Consolidated Statements of Redeemable Noncontrolling Interest and Stockholders' 12 Months Ended Equity (Parenthetical) - USD ($) $ in Millions Dec. 31, 2019 Dec. 31, 2017 W Statement Of Stockholders Equity [Abstract] 4 Common stock issued, per share $ 243 $ 262 Common stock public offering issuance costs $ 15 $3 9 10 11 12 13 14 15 16 17 18 19 20 21 ... Competitor Income Statements Competitor Balance Sheet Competition Statement of Cash F F ... + : 0 100% Ready + 3:50 PM Type here to search O 9 e O W X 6/1/2020AutoSave O Off) excelproject1acct370 (1) - Excel Search keturahlove18@icloud.com K X File Home Insert Page Layout Formulas Data Review View Help Share Comments Ruler Formula Bar Split DO View Side by Side Hide G Normal Page Break Page Custom Preview Layout Views Gridlines Headings Zoom 100% Zoom to New Arrange Freeze IDSynchronous Scrolling Switch Macros Selection Window All Panes Unhide I En Reset Window Position | Windows Workbook Views Show Zoom Window Macros AS X V Inventory and purchase commitments write-downs A B C D E F G H I J K N - Consolidated Statements of Cash Flows - USD ($) $ in Millions 12 Months Ended Dec. 31, 2019 Dec. 31, 2018 Dec. 31, 2017 Cash Flows from Operating Activities 4 Net loss $ (775) $ (1,063) $ (2,241) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: 6 Depreciation, amortization and impairment 2,154 1,901 1,636 7 Stock-based compensation 898 749 467 8 Amortization of debt discounts and issuance costs 188 159 91 9 Inventory and purchase commitments write-downs 193 85 132 10 Loss on disposals of fixed assets 146 162 106 11 Foreign currency transaction (gains) loss (48) (2) 52 12 Loss related to SolarCity acquisition 58 13 Non-cash interest and other operating activities 186 49 135 14 Operating cash flow related to repayment of discounted convertible notes (188) 15 Changes in operating assets and liabilities, net of effect of business combinations: 16 Accounts receivable (367) (497) 25) 17 Inventory (429) (1,023) 179) 18 Operating lease vehicles (764) (215) (1,523) 19 Prepaid expenses and other current assets 288 ) (82) (72) 20 Other non currant areate 115 ... Competitor Balance Sheet Competition Statement of Cash F Historical and Compeitior ratio O' ... + Ready + 100% Type here to search O 9 e W X 3:50 PM 6/1/2020