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Tesla, Inc.'s financial statements for the fiscal year ending December 31, 2023, and answer the following: Calculate the company's liquidity ratios, including the current ratio
Tesla, Inc.'s financial statements for the fiscal year ending December 31, 2023, and answer the following:
- Calculate the company's liquidity ratios, including the current ratio and quick ratio, based on the balance sheet data. (Current Assets: $50,000,000; Current Liabilities: $20,000,000)
- Compute Tesla's profitability ratios, such as the gross profit margin and net profit margin, using data from the income statement. (Gross Profit: $15,000,000; Net Income: $5,000,000; Revenue: $30,000,000)
- Assess Tesla's financial leverage by calculating ratios such as the debt-to-equity ratio and interest coverage ratio using information from the balance sheet and income statement. (Total Debt: $25,000,000; Shareholders' Equity: $40,000,000; EBIT: $10,000,000)
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