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Total assets and total liabilities - Tesla 2019 2020 Total Assets $34 billion $52 billion Total liabilities $27 billion $34 billion Calculate the debt ratio

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Total assets and total liabilities - Tesla 2019 2020 Total Assets $34 billion $52 billion Total liabilities $27 billion $34 billion Calculate the debt ratio of Tesla in 2020. Did the debt position of Tesla improve? Explain. Report your answer as a ratio and not a percentage. Example: 30/50 = 0.60 Use two decimal points. Answer: Give your reasons

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