Question
Tesla, Inc. is analyzing its balance sheet for the fiscal year. The following data is provided: Total Assets: $50,000,000 Total Liabilities: $20,000,000
Tesla, Inc. is analyzing its balance sheet for the fiscal year. The following data is provided:
● Total Assets: $50,000,000
● Total Liabilities: $20,000,000
● Total Equity: $30,000,000
● Cash and Cash Equivalents: $10,000,000
● Accounts Receivable: $5,000,000
● Inventory: $15,000,000
● Property, Plant, and Equipment: $20,000,000
● Long-term Debt: $8,000,000
● Common Stock: $10,000,000
● Retained Earnings: $20,000,000
a) Compute the Current Ratio. b) Calculate the Debt-to-Equity Ratio. c) Determine the Quick
Ratio. d) Analyze the Return on Equity (ROE). e) Evaluate the Working Capital.
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