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Prepare a classified balance sheet for Tesla, Inc. as of December 31, 2023. Calculate the Working Capital. Calculate the Debt-to-Assets Ratio. Item Amount ($) Cash

  1. Prepare a classified balance sheet for Tesla, Inc. as of December 31, 2023.
  2. Calculate the Working Capital.
  3. Calculate the Debt-to-Assets Ratio.

Item

Amount ($)

Cash

1,000,000

Accounts Receivable

500,000

Inventory

300,000

Property, Plant, and Equipment

2,500,000

Intangible Assets

600,000

Accounts Payable

400,000

Short-term Debt

300,000

Long-term Debt

1,200,000

Common Stock

800,000

Retained Earnings

1,200,000

Question:

Using the given data, prepare the classified balance sheet for Tesla, Inc. as of December 31, 2023. Calculate the Working Capital and the Debt-to-Assets Ratio.

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