Question
In the last fiscal year, Tesla reported a net income of $721 million, while General Motors reported a net income of $9.7 billion. Compare the
In the last fiscal year, Tesla reported a net income of $721 million, while General Motors reported a net income of $9.7 billion. Compare the net incomes of both companies and calculate the percentage difference. Additionally, if Tesla's total revenue was $46 billion and General Motors' total revenue was $122 billion, compare their revenue figures and calculate the percentage difference.
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Horngrens Accounting
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
11th edition
978-0133851151, 013385115X, 978-0133866889
