1. **Problem Statement:** Calculate the liquidity ratios for Tesla, Inc. for the years 2024 and 2023 using the given financial data. 2. **Liquidity Ratios to Calculate:** - Current Ratio: Measures the company's ability to pay short-term obligations with short-term assets. Formula: $$\text{Current Ratio} = \frac{\text{Total Current Assets}}{\text{Total Current Liabilities}}$$ - Quick Ratio (Acid-Test Ratio): Measures the company's ability to meet short-term obligations without relying on inventory. Formula: $$\text{Quick Ratio} = \frac{\text{Cash and Cash Equivalents} + \text{Short-term Investments} + \text{Accounts Receivable}}{\text{Total Current Liabilities}}$$ 3. **Calculate Current Ratio:** - For 2024: $$\frac{58,360}{28,821} \approx 2.03$$ - For 2023: $$\frac{49,616}{28,748} \approx 1.73$$ 4. **Calculate Quick Ratio:** - For 2024: $$\frac{16,139 + 20,424 + 4,418}{28,821} = \frac{40,981}{28,821} \approx 1.42$$ - For 2023: $$\frac{16,398 + 12,696 + 3,508}{28,748} = \frac{32,602}{28,748} \approx 1.13$$ 5. **Interpretation:** - Both ratios improved from 2023 to 2024, indicating better liquidity. - Current Ratio above 1 means Tesla has more current assets than liabilities. - Quick Ratio above 1 means Tesla can cover liabilities without selling inventory. **Final Answers:** - Current Ratio 2024: 2.03 - Current Ratio 2023: 1.73 - Quick Ratio 2024: 1.42 - Quick Ratio 2023: 1.13 Note: SWOT analysis is not a mathematical problem and thus not included here.