Overview
Tesla INC
In Project Two, you will analyze and evaluate a business's financial health and recommend the best financing options for the business to choose in
order to improve its current financial health. Use the Project Two Business Options List PDF to choose the business that you will examine in
Project Two. Then, use Mergent Online to locate the most recent quarterly financial statements for the business: the balance sheet, the income
statement, and the cash flow statement.
In order to succeed in your Project Two assignment, you will need to understand the role of financial statements and how they help businesses
determine their current financial health. You will also need to describe why cash flow management is important to a business and that business's
financial health.
Reading list
Prompt
Write a brief journal introducing the business you chose for your Project Two assignment.
Specifically, you must address the following rubric criteria:
Business Selection: Provide a description of the business you chose, including the business name and what it offers consumers.
Financial Statements: Using Mergent Online, provide a copy of the balance sheet, the income statement, and the cash flow statement for
your chosen business from the most recent fiscal quarter.
Financial Statement Role: Explain why financial statements are important to a business and how they help businesses determine their current
financial health.
Cash Flow Management: Describe why cash flow management is important to a business and its financial health, Use a recent financial news
story as an example to support your claims.
WALIOPE See M KR TR2 AL 17 (2017) L120 AM 12 11 und effect CH A GAR Loc DO www AN 2 Net CA dating ion : 3 | he THER CA HARI w 430) INS w 15 w antes to IN BPM NAI FANA The companying not an integral part of the consolidated financial statertents. Blog da) $ 4911 $ 5,103 $ 5,179 370 5.376 38 605 GASD 9,800 $ 5077 10,311 653 1,047 12,021 B.677 123 9.100 693 1038 10, 291 4197 6.036 3,714 148 3862 349 SS8 4769 1,267 4,254 106 4380 326 743 5,429 921 7,413 270 7603 631 1,206 9.520 2,501 7.110 223 7333 642 1,029 9,404 1.457 279 661 664 603 1,280 1,351 Automotive Sales Automatitai Tatal motive VIES Een and stope Services and other Teen Com Autortives Automotive leasin Total motive cost of us Enerny generation and storage Services and other Total cost of reves Gronprofit Operating expenses Research and development Selling geal and administrative Restructuring and other Total operating expenses Income down from operations That incone Thest expense Obe pense, net Inco dass before income taxes Provision for income taxes Net incente (s) Net Income attributable to encontrolling interests and tedetal non controlling interests in subsidiaries Net toe ons attributable to conmon stockholders Net inimesi per share of cotton stock attributable mestec des But Die Wested share used in competing incos e Cock B Dilated 940 327 8 (170) 115 150 324 647 117 1,089 (167) 10 (2721 (413 (370) 15 1389 1,891 610 18 (329) (63 2:20 161 2176 (689 19 330) (15 (1,015) 129 05.05 104 38 5 63 110) 120 $ 0:56 050 0.88 0.59 1640 16.40 Sul 1221 $ come Botes in a statens a) 1324 8,615 1415 4018 1,218 15206 2524 Spa 11.00 12274 312 196 1,415 38,1ka 999 12.105 2,447 130 10296 1,218 329 198 1.470 31308 Cape Chasheg Aerous arvabile, areas Puisses and carcassets Total Operating Inese widest Sa Property, plant and equat, Og leserse Intable, Goothall Other sous-canetases Total Tibilities Camelbilis Accounts payable And liabilities and other Defense Customer deposits Current portion of debt and finance leases Totalcune babes Debt and finance les set of current portion Defendent of cute portion Other forem liabilities Total Babies Cortiment and contingencies (Note 121 Rede Docontrolling it in subsidian Convertible contes (Note 10) $ 3.639 3.110 1 130 713 3,679 1220 10.415 1.198 2,870 RE 1 85231 613 Stadioder Pretend sock: 50.001 a les 100 ans author Dosar and one Cock S0.001 par valse 2.000 ha az 185 and 18. God and outstanding as of June 30, 20 December 31 2015 vel pada capital het peberlelors 15 893 5.000 Total Echelles and Lot Total abilities and daty ECO Tesla, Inc. Consolidated Balance Sheets (in millions, except per share data) (unaudited) Jewe December 2020 $ 6,2 1,324 11,615 1,485 4,018 1.218 15,336 2,524 6,069 11,000 1.274 312 196 1,415 38,135 959 12,103 2,447 6,138 10,390 1,218 339 138 1,470 34,309 Amets Current assets Cash and cath equivalents Accounts receivable, net Inventory Prepaid expenses and other curent assets Total current assets Operating lease vehicles, net Solar energy systems, net Property, plant and equipment, net Operating lease right-of-use assets Intangible assets, net Goodwill Other non-current assets Total assets Liabilities Current liabilities Accounts payable Accrued liabilities and other Deferred revenue Customer deposits Current portion of debt and finance leases Total current liabilities Debt and finance leases, net of current portion Deferred revenue, net of current portion Other long-term liabilities Total liabilities Commitments and contingencies (Note 12) Redeemable noncontrolling interests in subsidiaries Convertible senior notes Note 10) Equity Stockholdersity $ 3,638 3,110 1,130 713 3,679 12,270 10,416 1.198 2,870 26,754 3,771 3,222 1,163 726 1,785 10.667 11,634 1,207 2,691 26,199 643 613 44 1,274 312 196 1,415 115 1.218 120 190 1.470 34,309 3,771 3,222 1,163 726 1,75 Solar Property, plant and equipment art Operating serious assets Inlanphle asseb, et Goodwill Other non-curl assets Total met Liabilities Curent abilities Accounts payable Amand liabilities and other Defreden Customer deposits Current portion of debt and finance leases Total current liabilities Debt and finance rates, net of current portion Determed vene, art of current portion Other long-term liabilities Total liabilities Commitments and contingencies (Note 12) Redeemable noncontrolling interests in subsidiaries Convertible senior notes (Note 10) Equity Stockholders equity Preferred stock 50001 par value, 100 shares authorized no share issord and outstanding Common stock: 50.001 par Vale; 2,000 shares authorized: 185 and 181 shares issued and outstanding as of June 30, 2020 and December 31, 2019, wspectively Additional paid in capital Accumulated other comprehensive loss Accumulated delicit Total stockholders equity No controlling interests in subsidiaries Total liabilities and equity 3,638 3,110 1,130 713 3,679 12,270 10,416 1,138 2.870 26,754 10,667 11,634 1,207 2,651 26,159 643 613 44 15,895 (40) 16,000 3,055 369 38,135 0 12,737 (36) (6,083 5,618 849 34,309 3 The accompanying notes are an integral part of these consolidated financial statements Teala, Inc. Consolidated Statements of Operations (in millions, except per share data) (unandited) Three Month Eaded June 30 2020 2015 Six Math Faded June 30 2020 2015 4,911 268 5,179 370 487 6,036 5,168 $ 208 5,376 369 605 6,350 9,804 5 507 10,311 663 1,047 12,021 8,677 423 9,100 693 1,098 10,891 3,714 148 3,862 349 558 4,769 1,267 4,254 106 4,360 326 743 5,429 921 7,413 270 7,683 631 1,206 9520 2,501 7.110 223 7,333 642 1,429 9,404 1,487 Revenues Automotive sales Automotive leasing Total automotive revenues Energy generation and storage Services and other Total revenues Cost of revenues Automotive sales Automotive leasing Total automotive cost of revenues Energy generation and storage Services and other Total cost of revenues Gross profit Operating expenses Research and development Selling, general and administrative Restructuring and other Total operating expenses Income (los) from operations Interest income Interest expense Other expense, net Income (los) before income taxes Provision for income taxes Net income (loss) Net income attributable to noncontrolling interests and redeemable noncontrolling interests in subsidiaries Net income (loss) attributable to common stockholders Net income loss) per share of common stock attributable 279 661 603 1,288 940 327 8 (170) (15) 150 21 129 324 647 117 1,088 (167) 10 (172) (41) (370) 19 (389 1,891 610 18 (339) (69) 220 23 197 664 1,351 161 2,176 (689) 19 (330) (15) (1,015) 42 (1,057) 25 104 $ 19 (408) $ 77 120 53 (1,110 $ 605 6,350 1,047 12 021 1,098 10,891 6,036 3,714 7.110 723 3,862 4254 106 4,360 326 743 5,429 921 7,413 270 7,683 631 1,206 9,520 2,501 7,303 642 1.429 9,404 1,487 4,760 1.267 603 1,288 Services and other Totalves Cont of revue Automotive sales Automotive leasing Total automotive cost of revenues Energy generation and storage Services and other Total cost of revenues Gres profit Operating expenses Research and development Selling, general and administrative Restructuring and other Total operating expenses Income (los) from operations Interest income Latest expense Other expense, net Income (los) before income taxes Provision for income taxes Net income (los) Net income attributable to sencontrolling interests and redeemable no controlling interests in subsidiaries Net income (loss) attributable to common stockholders Net income (loss) per share of common stock attributable to common stockholders Basic Diluted Weighted average shares used in computing Det income (less) per share of common stock Basic Diluted 63%828 324 647 117 1,068 (167) ID (172) (41) (370) 19 (389) 1,891 610 18 (339) 664 1,351 161 2,176 (689 19 (330) (15) (1,015) 42 (1,057) (170) (69) 220 23 197 19 (408 77 120 104 $ $ $ 53 (1.110) 0.56 0.50 $ S (231) 12.31 0.65 0.59 $ (6.40) (6.40) $ 185 207 173 177 184 203 175 175 The companying notes are an inte talastase Calidated final statements Consolidated Statements of Cash Flows (in millions) (unsaudited) Sie Mest Ended Fuse 30, 7000 2015 1973 1120 (106 Construm Open Ac Nefe No reconcile command provided by evil Dancutan ertad pamet Shandong Arts of the chechiede Londoporul of fundmat Nee the worst and operating activities Ochrana proti donated with Chings in operatings and the set of etiwiter bis combinations Como 110 -) (236) ISIS) (210) 301) 116 2 120 gennaf (688408113 3@1679 18x & 113 524 Jucad pemesanatberete Oh w Account Payable and accreditaties Die Como de Om Nutca w wyspects Cash Test Act Parhaas at paperty and contescating bansa at u Pharm, to Receipt of govern But contre las quind Nach einen Cub Moving Act Procedemos of contes policiete Proces from us of citite and the dot Alepayments at convertible and be dubu and was Procedence of stock options and other lock inunces gioresonance Panthicule cote beden Det Procedimentowa Proceeds from the bottobre Distancia de Payments for buy-b of not coming Nech provided by a (1001 446 1 ME 2.300 700 1402) 16 217 (154) 10 (110) 12 Dunn, mert endir Shelbin.com Amortisations de discounts and costs ley and purchase committed Less e disposal funds Foi concludes (gas) Non cathered and other optag att Operating the related to post of discomited couvertibles Ganges in operating and liabilitin, and of cofes combinations Acce Taveler Optoe babiche Pred expenses and the current Obecues Accoanh payable and accuratis Dede Customer depos Drogers Netce provided by operating the Cand lows from farvesting Act Purchases of property and equipment excluding anceses, tot sales Purchases at solar energy systems, set of sales Peceipt of gourmet grants Purchase of anbiet Business combos, set of cash acquired Netch usedlo vestng acties Cash Flows from Financing Active Proceeds from sol stock in public offerings, el of Proceeds from inces of convertible and other det Repayments of the and other debe Coldest Proceeds from series of stock options and others Principal payments de finances Det Turchase of convertible note belges Proceeds trance of amants Proceeds froe met by controlling interest in subsidies Distribution paid to controlling interests issuediaries Payments for buy-out of concerning therests in this Nech provided by financing activities Effect of exchange rate changes on cash and cash and red cash Netcash and cash and restricts Cash and shots and tested cash beginning of period Cel cas equivale a cedat, no period Supplemental New Casti svesting and Activities Equity issued in cibi combination Acquisitions of property and induded in Leased sebe in exchange for at least Lease se baie mechipe for partage F # a 1 11 | 1 | 2 g-gg | #ag a*#| | We ag * 1:|: 1 5,000 2,70 14226)
