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Tesla, Inc. Data for the year ended December 31, 2023: Item Amount Cash and Cash Equivalents $30,000,000 Accounts Receivable $20,000,000 Inventory $25,000,000 Net Sales

Tesla, Inc.
 Data for the year ended December 31, 2023:

Item

Amount

Cash and Cash Equivalents

$30,000,000

Accounts Receivable

$20,000,000

Inventory

$25,000,000

Net Sales

$200,000,000

Operating Expenses

$150,000,000

  1. Calculate Tesla's quick ratio.
  2. Determine Tesla's inventory turnover ratio.
  3. Analyze the impact of accounts receivable on Tesla's working capital.
  4. Discuss how Tesla recognizes revenue from electric vehicle sales.
  5. Evaluate Tesla's liquidity using the current ratio.
  6. Explain the relationship between Tesla's cash equivalents and its liquidity position.

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