Search online for Tesla’s Annual Report for fiscal year 2020 that ended on December 31, 2020. Answer the following questions using the report. What’s Tesla’s current ratio in 2019 and 2020? What does this ratio suggest? What’s Tesla’s net profit margin and gross profit percentage in 2019 and 2020? What’s your interpretation of the trend? What’s Tesla’s return on assets(ROA) and total asset turnover ratio in 2020?

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter9: Accounting For Receivables
Section: Chapter Questions
Problem 9EA: Using the following select financial statement information from Black Water Industries, compute the...
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Search online for Tesla’s Annual Report for fiscal year 2020 that ended on December 31, 2020. Answer the following questions using the report.

  1. What’s Tesla’s current ratio in 2019 and 2020? What does this ratio suggest?
  2. What’s Tesla’s net profit margin and gross profit percentage in 2019 and 2020? What’s your interpretation of the trend?
  3. What’s Tesla’s return on assets(ROA) and total asset turnover ratio in 2020?
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