In March 2017, we completed a public offering of our common stock and issued a t

Question

In March 2017, we completed a public offering of our common stock and issued a total of 1 by our Chief Executive Omicer for approximatety $25 0 million), net of underwnting discounts and offering costs n March 2017 we ssued S977 5 min n aggregate principal of 2 375% convertible senor es due in March 2022 ,536,259 shares for total cash proceeds of $399.5 million(including 95420 shares purchased in a pubic on ering The net proceeds from the issuance. 2022 Noles ater deducting transaction costs, were $965.9 milion Common Stock par value: 0.001 How was Tesla's baance sheet impacted by the common stock issuance? o A Assets Stockholders Equity Expense Net Income Statement of Cash Prepaid exenses otos ayable Common Stock Adations Pas-n. Retared Cash Capital eaming 309 6 million $309 6 mition ExpenteNe Iincome Statement of Cash Assets Cash 399 6 mition Liablne Stoc holders' Equity Revenue Prepad expenses Retaned Caption" Paon Common Six.. $399 6 ition Notes paratie . . ero-nen eanings Net income Starement of Casn Notes payaow * Common Stock Capta 300 6 miion 5399 65309 6 mon stocknodes Equity Expense Ntinco Statenent of Casn

Explanation / Answer

Teresa's Balance sheet will be impacted by the com mon stock issuance as

Cash Dr 399.6 milliom

Common Stock Cr 1,536

Additional paid in capital 399.6million - 1,536

And cash flow from financing activities will increase.

So A,B and C all are incorrect

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