Question
This assignment is based on the 10-K for the year ended December 31, 2022 forTesla, Inc. You can obtain Tesla's 10-k from its corporate web
This assignment is based on the 10-K for the year ended December 31, 2022 forTesla, Inc. You can obtain Tesla's 10-k from its corporate web site athttps://www.tesla.com/. Financial information is available there by selecting the tab "Discover" and then "Investor Relations." You can also use the SEC's Edgar web site atTesla 2022 10K. Unless otherwise indicated, all questions relate to the current annual financial statements.
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001318605/000095017023001409/tsla-20221231.htm
1.Corporations can elect to incorporate in any state. The corporation is then bound by the laws of that state. The first page of the 10-K discloses this information.
a. In what state is Tesla incorporated?
b. In what state is Tesla's corporate headquarters?
- At the end of 2022, on how many shares of stock could Tesla pay a cash dividend?
- During 2022, how much did Tesla distribute as cash dividends?
- At the end of 2022, what was the total amount of Tesla's contributed capital?
- In August of 2022, Tesla announced a three-for-one stock split. Here is a link to the announcement: Tesla Announces a Three-for-One Stock Split | Tesla Investor Relations.
Tesla accounted for the stock split by transferring dollars into common stock.
- How many shares were issued for this stock split? Here is a link to Tesla's 2021 10-K where the balance sheet information is shown before the stock split. Tesla 2021 10-K.
- Which journal entry did Tesla make for the stock split?
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