Selected balance sheet, income statement and cash flow statement information from Tesla, Inc. for 2017 and 2016 follows ($ thousands).

a. Compute the current ratio and quick ratio for each year and discuss any trend in liquidity. Do you believe the company is sufficiently liquid? How should the balance in restricted cash affect your analysis?

b. Compute the debt-to-equity ratio for 2017 and 2016 and the times-interest-earned ratio for 2017. Discuss the trend in the debt-to-equity ratio.

c. Compute the cash bum rate for 2017. What questions are raised by this figure?

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December 31 Cash and cash equivalents Restricted cash. 2017 2016 $ 3,367,914 $ 3,393,216 105,519 ... 155,323 Net receivables. 515,381 2,263,537 268,365 6,570,520 7,674,670 23,022,980 5,632,392 499,142 2,067,454 194,465 6,259,796 5,827,005 16,750,167 5,913,909 Inventory.... Other current assets. Current assets. Current liabilities. Total liabilities.... Stockholders' equity. Year ended December 31, 2017 Loss before income taxes... S(2,209,032) 471,259 (60,654) (3.414.814) ... Interest expense.... Cash flows from operating activities. Capital expenditures.....