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Tesla, Inc. Data for the year ended December 31, 2023: Item Amount Revenue $400,000,000 Cost of Goods Sold $200,000,000 Operating Expenses $100,000,000 Income Tax

Tesla, Inc.
 Data for the year ended December 31, 2023:

Item

Amount

Revenue

$400,000,000

Cost of Goods Sold

$200,000,000

Operating Expenses

$100,000,000

Income Tax Expense

$50,000,000

Net Income

$50,000,000

Total Assets

$1,500,000,000

Total Liabilities

$800,000,000

Shareholders' Equity

$700,000,000

Requirements:

  1. Calculate Tesla's gross profit margin.
  2. Determine Tesla's operating profit margin.
  3. Analyze the impact of income tax expense on Tesla's net income.
  4. Evaluate how Tesla recognizes revenue from vehicle sales.
  5. Explain the significance of the Income Measurement Objective in Tesla's financial performance.
  6. Discuss Tesla's debt-to-equity ratio and liquidity position.

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