This problem uses data for Tesla's FCFE in $2023,$ except operating liabilities which is a little bit different for each student.

Assume the following information $($numbers in millions$).$

Data Item $20222023$

EBIT $($$$)138318891$

Interest Expense $($$$)113-1082$

Operating Assets $($$$)3498536920$

Operating Liabilities $($$$)24,70525703$

Net Fixed Assets $($$$)4142157002$

Debt $($$$)694210548$

Tax Rate $(\%)8\mathrm{.}3\%-50\mathrm{.}1\%$

What is free cash flow to equity in $2023?$Chapter $2$: Calculate FCFE

This problem uses data for Tesla's FCFE in $2023,$ except operating liabilities

which is a little bit different for each student.

Assume the following information $($numbers in millions$).$

Note: You can copy this table directly into Excel.

What is free cash flow to equity in $2023?$

IMPORTANT! It will be very easy to goof up this problem given the negative

interest expense and negative tax rate. Remember, if you subtract a negative

this turns it into a positive.