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Analyze the financial data of Tesla Inc. provided below for the years 2018, 2019, and 2020: 2018 2019 2020 Sales $21,461 $24,578 $31,536 Cost of

Analyze the financial data of Tesla Inc. provided below for the years 2018, 2019, and 2020:


2018

2019

2020

Sales

$21,461

$24,578

$31,536

Cost of Goods Sold

$16,912

$18,516

$22,466

Gross Profit

$4,549

$6,062

$9,070

Operating Expenses

$4,315

$4,792

$5,894

Operating Income

$234

$1,270

$3,176

Net Income

-$976

$862

$1,751



2018

2019

2020

Total Assets

$29,740

$34,309

$52,148

Total Liabilities

$23,405

$26,134

$28,418

Shareholders' Equity

$6,335

$8,175

$23,730

Requirements:

  1. Calculate the gross profit margin for each year.
  2. Determine the operating profit margin for each year.
  3. Calculate the net profit margin for each year.
  4. Compute the return on assets (ROA) for each year.
  5. Compute the return on equity (ROE) for each year.
  6. Discuss the financial performance trend of Tesla Inc.

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