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Tesla, Inc. reported the following figures for the year ending December 31, 2023: Total Revenue of $81,462 million, Cost of Goods Sold (COGS) of $47,232

Tesla, Inc. reported the following figures for the year ending December 31, 2023: Total Revenue of $81,462 million, Cost of Goods Sold (COGS) of $47,232 million, Operating Expenses of $14,500 million, and Net Income of $12,730 million. Tesla’s total current assets were $32,356 million, including Cash and Cash Equivalents of $20,000 million, Accounts Receivable of $10,000 million, and Inventory of $2,356 million. The company’s total liabilities were $37,850 million, and total equity was $72,450 million.

Questions:

  1. Calculate Tesla’s current ratio.
  2. Determine Tesla’s quick ratio (acid-test ratio).
  3. What is Tesla’s debt to equity ratio?
  4. Compute the working capital of Tesla.
  5. Calculate Tesla’s gross profit margin.

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