Company: Tesla, Inc.ItemAmount (in millions)Net Sales$31,536Cost of Goods Sold (COGS)$24,941Gross Profit$6,595Operating Expenses$4,914Operating Income$1,681Net Income$721Total Assets$52,148Total...
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Accounting
Company: Tesla, Inc.
Item
Amount (in millions)
Net Sales
$31,536
Cost of Goods Sold (COGS)
$24,941
Gross Profit
$6,595
Operating Expenses
$4,914
Operating Income
$1,681
Net Income
$721
Total Assets
$52,148
Total Equity
$22,226
Questions:
Calculate Tesla’s gross profit margin.
Determine the operating profit margin.
What is the net profit margin?
Compute the return on assets (ROA).
What is the return on equity (ROE)?
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