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Consider the financial data of Tesla, Inc. for the fiscal year ending December 31, 2023, as presented in the table below. Answer the following questions:

Consider the financial data of Tesla, Inc. for the fiscal year ending December 31, 2023, as presented in the table below. Answer the following questions:

Metric

Value (in millions)

Revenue

$30,000

Cost of Goods Sold (COGS)

$18,000

Gross Profit


Operating Expenses

$8,000

Net Income

$5,000

Total Assets

$120,000

Total Liabilities

$70,000

Shareholders' Equity


Requirements:

    • Calculate the Gross Profit for Tesla, Inc.
    • Determine the Gross Profit Margin as a percentage of revenue.
    • Compute the Return on Assets (ROA) and Return on Equity (ROE) for Tesla, Inc.
Analyze the financial leverage of Tesla, Inc. by calculating the Debt-to-Equity ratio.

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