Company: Tesla, Inc.ItemAmount (in millions)Cash and Cash Equivalents$19,384Accounts Receivable$2,522Inventory$5,756Total Current Assets$35,662Property, Plant, Equipment$32,356Total Assets$110,300Accounts Payable$8,275Short-term...

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Question

Accounting

Company: Tesla, Inc.

Item

Amount (in millions)

Cash and Cash Equivalents

$19,384

Accounts Receivable

$2,522

Inventory

$5,756

Total Current Assets

$35,662

Property, Plant, Equipment

$32,356

Total Assets

$110,300

Accounts Payable

$8,275

Short-term Debt

$1,684

Total Current Liabilities

$15,743

Long-term Debt

$9,752

Total Liabilities

$37,850

Total Equity

$72,450

Questions:

  1. Calculate Tesla's current ratio.
  2. Determine Tesla's quick ratio (acid-test ratio).
  3. What is Tesla’s debt to equity ratio?
  4. Compute the working capital of Tesla.
If Tesla had net sales of $81,462 million and cost of goods sold of $47,232 million, what is the inventory turnover ratio?

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