Question
How to calculate in million?

Cash Cash Eqviv 2,962, 5ou Invesana Aceut Reeiable 1,55, 1,155,001 3,314, 12 335,53a nvendo ana odlur ass
As a Tesla, percentage 9/30/18 in of current millions assets CURRENT ASSETS Cash and cash equivalents Restricted Cash Short-term investments Total Cash and short-term investments 0% 0% 0% 0% 0% Accounts Receivable, net Inventories Deferred Income Taxes Prepaid expense and other current assets 0% 0%
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Solution assuming amounts given are already in Millions

Current assets

Tesla 9/30/18 (in Million)

As a Percentage of Current assets

Cash and cash equivalent

$ 29,67,504.00

37.46%*

Restricted cash

Short term investments

$   1,58,627.00

2.00%

Total Cash and short term investments

$ 31,26,131.00

39.47%

Accounts receivables

$ 11,55,001.00

14.58%

Inventory

$ 33,14,127.00

41.84%

Deferred income taxes

Prepaid expense and other current assets

$   3,25,532.00

4.11%

Total Current assets

$ 79,20,791.00

100.00%

*$2967504/7920791 x 100 and same is done with others

Alternate solution assuming amounts given are not in million so I will first convert them in million and then provide solution.

Current assets

Tesla 9/30/18 (in Million)

As a Percentage of Current assets

Cash and cash equivalent

$     2.97

37.46%

Restricted cash

Short term investments

$     0.16

2.00%

Total Cash and short term investments

$     3.13

39.47%

Accounts receivables

$     1.16

14.58%

Inventory

$     3.31

41.84%

Deferred income taxes

Prepaid expense and other current assets

$     0.33

4.11%

Total Current assets

$     7.92

100.00%

Add a comment
Know the answer?
Add Answer to:
How to calculate in million? Cash Cash Eqviv 2,962, 5ou Invesana Aceut Reeiable 1,55, 1,155,001 3,314,...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Identify and share with your classmates the following information from your 10-K company’s balance sheet: Total...

    Identify and share with your classmates the following information from your 10-K company’s balance sheet: Total Investments in Current and Non-current Assets; if none, state that. Nomenclature of those investments on the Balance Sheet Calculate the percentage of current assets in which are Investments using Microsoft Excel. Your Excel spreadsheet should contain the source data used to do the calculations. Upload the spreadsheet to your discussion post. Sep. 29, 2019 Consolidated Balance Sheets - USD ($) $ in Millions Current...

  • Compute the (1) current ratio and the (2) quick ratio for Nikey, Inc. using the following...

    Compute the (1) current ratio and the (2) quick ratio for Nikey, Inc. using the following excerpt from the balance sheet reported in a recent financial statement of Nikey, Inc. At May 31 (in millions) 2020 Current assets Cash and equivalents $6,934 Short-term investments 3,730 Accounts receivable, net 6,044 Inventories 7,807 Deferred income taxes 700 Prepaid expenses and other current assets 3,542 Total current assets $28,757 Current liabilities Current portion of long-term debt $182 Notes payable 126 Accounts payable 3,623...

  • Compute and interpret the Z-score Information from the balance sheet, income statement, and statement of cash...

    Compute and interpret the Z-score Information from the balance sheet, income statement, and statement of cash flows for Nike follows. Refer to thes NIKE, INC. Consolidated Statements of Income Year Ended December 31 (In millions) 2019 2018 Revenues $39,117 $36,397 Cost of sales 21,643 20,441 Gross profit 17,474 15.956 Demand creation expense 3,753 3,577 Operating overhead expense 8,949 7.934 Total selling and administrative expense 12,702 11,511 Interest expense (income), net 49 54 Other (income) expense, net (78) 66 Income before...

  • Operating Section of Statement of Cash Flows (Indirect Method) Following are the income statement and balance...

    Operating Section of Statement of Cash Flows (Indirect Method) Following are the income statement and balance sheet for Nike Inc. for the year ended May 31, 2019, and a forecasted income statement and balance sheet for 2020. Nike Inc. Income Statement For Year Ended May 31 $ millions 2019 actual 2020 Est. Revenues $ 39,117 $ 42,246 Cost of sales 21,643 23,362 Gross profit 17,474 18,884 Demand creation expense 3,753 4,056 Operating overhead expense 8,949 9,674 Total selling and administrative...

  • Operating Section of Statement of Cash Flows (Indirect Method) Assume following are the income statement and...

    Operating Section of Statement of Cash Flows (Indirect Method) Assume following are the income statement and balance sheet for Nike for the year ended May 31, 2012, and a forecasted income statement and balance sheet for 2013. Income Statement ($ millions) 2012 actual 2013 Est. Revenues $ 18,627.0 $ 21,253.0 Cost of sales 10,239.6 11,689.0 Gross margin 8,387.4 9,564.0 Selling and administrative expense 5,953.7 6,801.0 Operating profit 2,433.7 2,763.0 Interest income, net 77.1 77.1 Other (expense) income, net (7.9) (7.9)...

  • Is there an "Accounts Receivable" in the given information? I need to calculate the quick ratio...

    Is there an "Accounts Receivable" in the given information? I need to calculate the quick ratio and cash ratio, but get the same answer for both as i don't see an Accounts Receivable for the quick ratio. Current assets: Cash and cash equivalents Short-term investments Other current assets Merchandise inventory - net Total current assets Property, less accumulated depreciation Long-term investments Deferred income taxes - net Goodwill Other assets Total assets

  • Prepare the following schedule: Amounts in millions, years ending June 30, 2019 2018 2017 Cash, cash...

    Prepare the following schedule: Amounts in millions, years ending June 30, 2019 2018 2017 Cash, cash equivalents, and restricted cash, beginning of the year Add/(Less): Total Operating Activities Total Investing Activities Total Financing Activities Effect of Exchange Rate Changes on cash, cash equivalents, and restricted cash Change in Cash, cash equivalents, and restricted cash Cash, cash equivalents, and restricted cash, end of year For the following 3 sections, provide a brief comment on the 3-year trend for each: (1) Total...

  • Travel Now Inc., reported total cash of $1,550 million at September 30, 2016. Of this amount....

    Travel Now Inc., reported total cash of $1,550 million at September 30, 2016. Of this amount. $50 million was set aside and could be used only to fulfill the requirement of an aviation authority of a certain foreign country to protect against the potential nondelivery of travel services in that country in the short term. Another $485 million was invested in money market funds and time deposits with original maturities of less than 90 days. The remaining $1,015 million was...

  • The following is the ending balances of accounts at December 31, 2021, for the VElectronics Corporation....

    The following is the ending balances of accounts at December 31, 2021, for the VElectronics Corporation. Account Title Debits Credits Cash 81,000 Short-term investments 196,000 Accounts receivable 137,000 Long-term investments 42,000 Inventory 222,000 Receivables from employees 47,000 Prepaid expenses (for 2022) 23,000 Land 287,000 Building 1,620,000 Equipment 644,000 Patent (net) 159,000 Franchise (net) 47,000 Notes receivable 285,000 Interest receivable 19,000 Accumulated depreciation—building 627,000 Accumulated depreciation—equipment 217,000 Accounts payable 196,000 Dividends payable (payable on 1/16/2022) 17,000 Interest payable 23,000 Income Taxes...

  • Prepare a forecasted statement of cash flows for 2017 using the indirect method. Assume the following:...

    Prepare a forecasted statement of cash flows for 2017 using the indirect method. Assume the following: • Operating expenses for 2017 (such as general and administrative) include depreciation and amortization expense of $522 million. • The company did not dispose of or write-down any long-term assets during the year. • The company paid dividends of $159 million in 2017 P11-47. Statement of Cash Flows (Indirect Method) Following are the income statement and balance sheet for Whole Foods Market Inc., for...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT