) INSTRUCTIONS FOR THE 16 QUESTIONS THAT FOLLOW THE FINANCIAL STATEMENTS. Using Tesla's Income Statement and Balance Sheet (provided in the next two questions) answer the following questions. THE FINANCIAL STATEMENTS WILL BE REPEATED EVERY 4 QUESTIONS FOR EASE OF USE DURING THE EXAMINATION. All answers will be entered into Canvas EXACTLY AS THEY APPEAR ON THE FINANCIAL STATEMENTS. AGAIN, ALL AMOUNTS SHOULD BE ENTERED AS THEY APPEAR IN THE FINANCIALS. NUMBERS IN BRACKETS ARE NEGATIVE AMOUNTS FOR CANVAS ANSWERS ROUND TO 2 DECIMAL PLACES, AS NEEDED. PAY CLOSE ATTENTION TO DATES. ASSUME TOTAL REVENUES AND NET SALES ARE THE SAME FOR USE IN RATIOS Tesla Balance Sheet Tesla, Inc. Consolidated Balance Sheets (in millions, except per share data) December 31 2019 December 31 2018 Assets Current assets Cash and cash equivalents Restricted cash Accounts receivable net the allowance for doubtful accounts of (510) and (520), respectively, for 2019 and 2018 Inventory Prepaid expenses and other current assets Total current assets Operating lease vehicles, net Solar energy systems, bet Property, plant and equipment, net of Accumulated Depreciation ($3,734) and (52,699), respectively, for 2019 and 2018 Operating lase right-of-use assets Intangible assets, bet Goodwill MyPower customer notes receivable, net of current portion Restricted cash, net of current portion Other assets Total assets 6.268 246 1.324 3,552 713 12 100 2.447 6,138 10.396 1.210 209 198 393 269 808 34 309 3.686 193 949 3,113 366 307 2.090 6.271 11.30 68 422 398 572 29,740 Liabilities Current liabilities Accounts payable Accrued liabilities and other Deferred revenue Resale value guarantees Customer deposits Current portion of debt and finance leases Total current liabilities Debt and finance lasers, net of current portion Deferred revelion, net of current portion Resale value guarantees, set of current portion Other long-term liabilities Total liabilities 3,771 2.905 1.163 317 726 1.785 10,667 11,634 1,207 36 2.655 26,199 3.405 2.094 630 503 793 2.568 9.993 9,404 991 329 2.710 23.427 Tesla Income Statement Tesla, Inc. Consolidated Statements of Operations (in millions, except per share data) Year Ended December 31 2018 2019 2017 $ $ 19,952 869 20.821 1.531 2.226 24,578 17,632 883 18,515 1,555 1.391 21.461 8,535 1.107 9,642 1.116 1.001 11.759 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 Enervy 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 Loss from operations Interest income Interest expense Other income (expense), net Loss before income taxes Provision for income taxes Net loss 15.939 459 16,398 1,341 2.770 20,509 4,069 13,686 488 14,174 1,365 1.880 17.419 4,012 6,725 708 7.433 874 1.229 9.536 2.223 1.343 1.378 2,477 2.646 149 4,138 (69) 44 (685) 45 1665) 110 1775) 1.460 2,835 135 4.430 (388) 24 (663) 22 (1,005) 58 (1.0631 3,855 (1.632) 19 (471) (125) (2,209) 32 (2.241) Question 24 3 pts What is the amount of current liabilities for Tesla as of December 31, 2019? Question 25 3 pts What are total liabilities for Tesla as of December 31, 2018? Question 26 3 pts What is the amount of money owed to Tesla by its customers as of December 31, 2019? Question 27 3 pts How much money does Tesla believe it will collect from its customers as of December 31, 2019
