Use balance sheet  and income statement from given link.

https://finance.yahoo.com/quote/TSLA?p=TSLA&.tsrc=fin-srch

6. Determine how TESLA cash conversion cycle would change if BP’s inventory and accounts receivable balances were adjusted to meet the industry averages.

7. Determine the TESLA cash conversion cycle if its inventory and receivables turnover ratios were at the industry average and its payable days were 75 days.

9. What are your impressions regarding TESLA working capital management based on this preliminary analysis? Discuss any advantages and disadvantages of bringing the cash conversion cycle more inline with the industry averages.

Answer rating: 100% (QA)

To answer the questions we need to first calculate Teslas cash conversion cycle using the information provided in the balance sheet and income statement Teslas Cash Conversion Cycle CCC CCC Days Inven... View the full answer