Tesla reported total sales of $5,179 million in the second quarter of 2020. The company also reported
Question:
Tesla reported total sales of $5,179 million in the second quarter of 2020. The company also reported a gross profit margin of 25.4%. Calculate the cost of goods sold for this quarter.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
To calculate the cost of goods sold COGS for Tesla in the secon...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Principles Of Managerial Finance
ISBN: 9781292400648
16th Global Edition
Authors: Chad Zutter, Scott Smart
Question Posted:
Students also viewed these Business questions
-
Executives of The North Face, Inc., faced a troubling dilemma during the 1990s. For decades, those executives had struggled to develop and maintain an exclusive brand name for their companys...
-
Subject : Strategic Management in a Global Environment Safaricom: Innovative Telecom Solutions to Empower Kenyans As the largest mobile provider in Kenya, Safaricom has touched the lives of Kenyans...
-
Back Country Outfitters Inc., based in Nelson, British Columbia, assembles snowboards for the serious snowboarder. It buys the boards already cut to size and adds the various fittings required to...
-
A manufacturing company reports the following information for the month of May. Note: Assume all raw materials were used as direct materials. Activities for May Advertising expense Raw materials...
-
The following available-for-sale investment-related transactions were completed by Lance Inc. in 2015. Lance Inc. includes brokerage fees as part of the cost of investments. Jan. 12. Purchased 1,800...
-
What are the four foundation elements of supply chain management? Describe some activities within each element.
-
In which process are vendors invited to submit bids based on firm specifications? a. Rebuy b. New product purchase c. Request for proposals d. Straight rebuy e. Modified rebuy
-
1. What is your evaluation of the ethics of domain-name companies earning commissions when people insert ordinary names into their Internet browser? 2. What about the ethics of Google and Yahoo!...
-
Required information [ The following information applies to the questions displayed below. ] The following information pertains to the inventory of Parvin Company for Year 3 : January 1 Beginning...
-
Use the appropriate items from the following list to prepare LOriginelle Bakerys balance sheet at December 31, 2020. Item Value at December 31, 2020 ( thousands) 900 Accruals 530 Accounts payable 215...
-
In Table 3.5, a majority of the firms listed have current ratios that fall below their industry average. Why? One exception to this general pattern is Dillards, which is an upscale department store...
-
What are some difficulties encountered when attempting project control? LO4
-
Mail - Jame Mail - Jame x a Amazon.co x a Amazon.co. X https://gpt x _ Calendar - - C * gptc.blackboard.com/webapps/blackboard/content/contentWrapper.jsp?content_id=_1846554 GEORGIA PIEDMONT...
-
Prepare a partnership return and the appropriate K-1s for W & M Partnership. William Winston (SSN: 226-00-4265) lives at 53 Mantis Road, Your City, Your State - Your Zip. He operates Lovely Lady...
-
A new store is opening in Rock Spring, with 175,000 available square feet. Each department must have at least 17,000 square feet and no department can have more than 24% of the total retail floor...
-
Following is a partially completed balance sheet for Epsico Incorporated at December 31, 2022, together with comparative data for the year ended December 31, 2021. From the statement of cash flows...
-
Stockholders of Sarasota Company, Riverbed Company, and Pronghorn Company are considering alternative arrangements for a business combination. Balance sheets and the fair values of each company's...
-
Express the following ratios in its lowest terms. 0.24: 0.39 : 0.15
-
In the operation of an automated production line with storage buffers, what does it mean if a buffer is nearly always empty or nearly always full?
-
Tesla Systems has estimated the cash flows over the 5-year lives for two projects, A and B. These cash flows are summarized in the table below. a. If project A, which requires an initial investment...
-
Tesla Systems has estimated the cash flows over the 5-year lives for two projects, A and B. These cash flows are summarized in the table below. a. If project A, which requires an initial investment...
-
Gen-X Industries is developing the incremental cash flows associated with the proposed replacement of an existing machine tool with a new, technologically advanced one. Given the following costs...
-
When credit terms for a sale are 2/15, n/40, the customer saves by paying early. What percent (rounded) would this savings amount to on an annual basis
-
An industrial robot that is depreciated by the MACRS method has B = $60,000 and a 5-year depreciable life. If the depreciation charge in year 3 is $8,640, the salvage value that was used in the...
-
What determines a firm's beta? Should firm management make changes to its beta? Be sure to consider the implications for the firm's investors using CAPM.
Study smarter with the SolutionInn App