Week 3: SEC 10K: Balance Sheet

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Business Finance

Description

Using the SEC 10-K for Tesla; Nasdaq; TSLA answer the questions below:


  • What were total current assets?
  • What were total current liabilities?
  • What were total assets and total stockholder's equity (deficit)?
  • Calculate Working Capital (Current Assets - Current Liabilities = Working Capital) and describe how it changed by from last year.
  • If the company has treasury stock, is it increasing or decreasing in value? Remember that the normal balance for treasury stock is a negative value (debit balance).
  • What is the value for Other Comprehensive Net Income (or net loss), accumulated deficit, and /or Retained Earnings. How are these values changing?

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Explanation & Answer

Attached.

Running Head: Tesla Inc. Balance sheet analysis

Tesla Inc. Balance sheet analysis
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Instructor
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Tesla Inc. Balance sheet analysis

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What were total current assets?

Tesla Inc. reported total current assets of $6,570,520,000 in 2017 and $6,259,796,000 in
2016.

What were total current liabilities?

The total current liabilities for Tesla Inc. were $7,674,670,000 in 2017 and $5,827,005,000 in
2016.

What were total assets and total stockholder's equity (deficit)?

The total assets for the company were $28,655,372,000 in the financial year 2017 and
$22,664,076,000 in the financial year 2016. The total stockholder’s equity reported in 2017
was $4,237,242,000 while stockholder’s equity reported in 2016 was $4,752,911,000.

Calculate Working Capital (Current Assets - Current Liabilities = Working Capital) and
describe how it changed by from last year.

The company had a negative working capital of $1,104,150,000 in the financial year 2017
while in the financial year 2016 it had a positive working capital of $432,791,000. The year
2017 saw a significant decline in the working capital that may affect Tesla Inc.’s operations.
The calculations are as shown below:
o Working capital (2017) = $6,570,520,000-$7,674,670,000=-$1,104,150,000
o Working capital (2016) =$6,259,796,000-$5,827,005,000=$432,791,000

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Tesla Inc. Balance sheet analysis

If the company has treasury stock, is it increasing or decreasing in value? Remember that
the normal balance for treasury stock is a negative va...


Anonymous
Really useful study material!

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