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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:
- Calculate the gross profit margin for each year.
- Determine the operating profit margin for each year.
- Calculate the net profit margin for each year.
- Compute the return on assets (ROA) for each year.
- Compute the return on equity (ROE) for each year.
- Discuss the financial performance trend of Tesla Inc.
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