Financial Statement Analysis

Required: Refer to Tesla, Inc.s 2022 Form 10K and specifically item 8, Financial Statements and Supplementary Data, which is included in the financial information section of course documents included in Canvas.

1. As discussed during lecture explain the purpose of the statement of cash flows, including the three activities that it tracks. [1 point]
2. Describe the nature of the activities that are captured in the operating section and explain why those activities are captured in this section [as discussed during lecture]. Do not just copy labels you read in Teslas operating section because there are innumerable transactions, which means it would be impossible to label them all. [2 points]
3. How much money (cash) did Tesla make or lose from its operations during the year ended December 31, 2022? [use a minus sign (-) for a loss]. [ point]

1. The accounts receivable amount in the changes in operating assets and liabilities in Teslas operating section for December 31, 2022 shows a balance of -$1,124 [in millions]. What does that mean andwhy is not equal to the Accounts Receivable balance of $2,952 on Teslas December 31, 2022 balance sheet?

How is Teslas presentation of accounts receivable different than how we handled accounts receivable in the statement of cash flows entire semester example and why?. [1 point]

1. Describe the nature of the activities that are captured in the investing section and explain why those activities are captured in this section [as discussed during lecture]. Do not just copy labels you read in Teslas investing section because, again, there are innumerable transactions, which means it would be impossible to label them all. [2 points]

1. How much total cash did Tesla spend or receive from its investment activities during the year ended December 31, 2022? Make sure you indicate if Tesla spent or received. [ point]

Describe the nature of the activities that are captured in the financing section and explain why those activities are captured in this section [as discussed during lecture]. Do not just copy labels you read in Teslas financing section because, again, there are innumerable transactions, which means it would be impossible to label them all [2 points]

1. How much total cash did Tesla spend or receive from its financing activities during the year ended December 31, 2022? Make sure you indicate if Tesla spent or received. [ point]
2. Including the cash totals of the three sections of the cash flow statement and the effect of exchange rate changes, did Tesla spend more cash than it received, or did it receive more cash than it spent during the year ended December 31, 2022 AND how much? [ point].
3. According to Teslas statement of cash flows for the year ended December 31, 2022, what was Teslas cash balance on December 31, 2022? [ point]
4. Why does Teslas cash balance of $16,253 [in millions] on its 12/31/2022 balance sheet not agree with the cash balance in your answers answer in the previous question [question 9]? [Hint: read footnote 2 to the financial statements -Summary of Significant Accounting Policies - restricted cash.] [1 point]