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You are forecasting the cash flows for Tesla, Inc. for the upcoming fiscal year 2024, based on the following estimates: Requirements: Expected net income: $5
You are forecasting the cash flows for Tesla, Inc. for the upcoming fiscal year 2024, based on the following estimates:
Requirements:
- Expected net income: $5 billion
- Depreciation and amortization expense: $2 billion
- Capital expenditures: $3 billion
- Dividends paid: $1 billion
- Expected change in accounts receivable: $500 million
- Expected change in accounts payable: -$1 billion
Based on the above estimates, forecast the operating cash flow for Tesla, Inc. for fiscal year 2024.
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