Visit www.sec.gov/edgar and search for the Tesla annual report (10-K) for the year ended December 31, 2019, using EDGAR (Electronic Data Gathering, Analysis, and Retrieval system). Locate the note titled "Note 2 - Summary of Significant Accounting Policies." Then, fine the sub-section in Note 2 titled "Warranties." Required: 1. How much did Tesla reserve for warranties at the beginning of 2019? 2. How much did Tesla reserve for warranties at the end of 2019? 3. How many warranty-related costs were incurred in the 2019 income statement? Note: For all requirements, enter your answers in millions (i.e., 10,000,000 should be entered as 10). 1. Reserved for warranties at beginning of 2019 2. Reserved for warranties at end of 2019 3. Warranty-related costs incurred in 2019 income statement million million million

Visit www.sec.gov/edgar and search for the Tesla annual report (10-K) for the year ended December 31, 2019, using EDGAR (Electronic Data Gathering, Analysis, and Retrieval system). Locate the note titled "Note 2 - Summary of Significant Accounting Policies." Then, fine the sub-section in Note 2 titled "Warranties." Required: 1. How much did Tesla reserve for warranties at the beginning of 2019? 2. How much did Tesla reserve for warranties at the end of 2019? 3. How many warranty-related costs were incurred in the 2019 income statement? Note: For all requirements, enter your answers in millions (i.e., 10,000,000 should be entered as 10). 1. Reserved for warranties at beginning of 2019 2. Reserved for warranties at end of 2019 3. Warranty-related costs incurred in 2019 income statement million million million

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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