Question: QUESTION 3 Tesla recently released their 2020 financial statement. You find that their sales are $4 M, the cost of good sold is $1.2 M,

QUESTION 3 Tesla recently released their 2020 financial statement. You find that their sales are $4 M, the cost of good sold is $1.2 M, their SGA expense are $0.7 M, and their depreciation is $1 M. Also, you calculate their CAPEX in 2020 to be $1 M and their net working capital requirements did not change. If their tax rate is 20%, what is their 2020 FCE? O $0.68 0 $1.1M O 5-0.12M $0 88M

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