Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use Tesla 2020 10k Did Tesla issue debt instruments in 2020? (Hint: see Statement of Cash flow, p.58) Yes No Question 26 1 pts Did

Use Tesla 2020 10k
image text in transcribed
image text in transcribed
Did Tesla issue debt instruments in 2020? (Hint: see Statement of Cash flow, p.58) Yes No Question 26 1 pts Did Tesla use debt to finance its assets in 2020? No Yes The percentage of Tesla's assets being financed with liabilities was % in 2020 54.5% 76.4% 23.4% 24.6% D Question 28 1 pts Did Tesla had any convertible debt at the end of 2020? No, it did not. It was prohibited by the covenants stated in the prior financing debt agreements. Yes, it did. Cash received from issuance of convertible debt was over 9.5 billion dollars 000 No, it did not. It had so much liquid assets such as cash and marketable securities already. Yes, it did minor debt financing (less than a billion) for extra cash reserve for a "rainy day

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting The Basis For Business Decisions

Authors: Robert F. Meigs, Jan R. Williams, Susan F Haka, Mark S. Bettner

International 11th Edition

007115809X, 978-0071158091

More Books

Students also viewed these Accounting questions