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Tesla, Inc. is analyzing its balance sheet for the year ending December 31, 20X9. The following information is provided: Total Assets: $80,000,000 Total
Tesla, Inc. is analyzing its balance sheet for the year ending December 31, 20X9. The following
information is provided:
● Total Assets: $80,000,000
● Total Liabilities: $40,000,000
● Total Equity: [Calculation 1]
● Cash and Cash Equivalents: $10,000,000
● Accounts Payable: $15,000,000
● Inventory: $20,000,000
● Property, Plant, and Equipment: $30,000,000
Calculate the following:
a) Total Equity b) Working Capital c) Debt-to-Equity Ratio d) Quick Ratio
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