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The following is a snapshot of the financials for Tesla Inc. for the year ending December 31, 2023: Income Statement: Revenue: $1,200,000 Cost of Goods


The following is a snapshot of the financials for Tesla Inc. for the year ending December 31, 2023:

Income Statement:

Revenue: $1,200,000

Cost of Goods Sold: $800,000

Operating Expenses: $300,000

Income Tax: $50,000

Net Profit: $50,000

Balance Sheet:

Cash and Equivalents: $140,000

Receivables: $160,000

Inventory: $200,000

Property and Equipment: $400,000

Current Liabilities: $200,000

Long-term Debt: $240,000

Equity: $460,000

Calculate the return on equity (ROE).

Find the inventory turnover ratio.

Determine the current ratio.

Compute the debt-to-equity ratio.

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