·Company: Tesla, Inc.

Tesla, Inc. reported the following financial information for the year ending December 31, 2023:

• Total Revenue: $100 billion
• Cost of Goods Sold (COGS): $60 billion
• Operating Expenses: $20 billion
• Other Income: $10 billion
• Tax Expense: $15 billion

a) Calculate the gross profit. b) Determine the operating profit. c) Compute the net profit before tax. d) Calculate the net profit after tax, assuming a tax rate of 25%.

·Company: Walmart Inc.

Walmart Inc. reported the following financial information for the year ending January 31, 2023:

• Total Revenue: $550 billion
• Cost of Goods Sold (COGS): $400 billion
• Operating Expenses: $100 billion
• Other Income: $20 billion
• Tax Expense: $30 billion

a) Calculate the gross profit. b) Determine the operating profit. c) Compute the net profit before tax. d) Calculate the net profit after tax, assuming a tax rate of 18%.