1. Calculate, interpret, and compare the following financial ratios for Tesla and General Motors, based on end of fiscal year 2015 data: Current Ratio, Total Debt Ratio, Inventory turnover, ROA, ROE. Include formulas.
2. You have an outstanding student loan with required payments of $ 500 per month for the next four years. The interest rate on the loan is 10 % APR? (compounded monthly). Now that you realize your best investment is to prepay your student? loan, you decide to prepay as much as you can each month. Looking at your? budget, you can afford to pay an extra $ 250a month in addition to your required monthly payments of $ 500?, or $ 750 in total each month. How long will it take you to pay off the? loan?