A Tesla bought 100$ of materials, used it to produce 200$ worth of goods, and sold half
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A Tesla bought 100$ of materials, used it to produce 200$ worth of goods, and sold half of the production for 300$ to the end consumer. The Tesla only paid for half of the bought materials, paid for all the other production costs, and received half of the money owed by the end consumer. How much Cash does it have? Along with how much Payables, Receivables, Inventory, Revenue and How much Profit has it made?
Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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