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Tesla, Inc. manufactures electric vehicles. For the year ended December 31, 20X2, the company reported the following information: Total revenue: $40,000,000 Cost of goods sold:
Tesla, Inc. manufactures electric vehicles. For the year ended December 31, 20X2, the company reported the following information:
- Total revenue: $40,000,000
- Cost of goods sold: $16,000,000
- Selling and administrative expenses: $8,000,000
- Other operating expenses: $4,000,000
- Income tax expense: $6,000,000 Calculate the company's net income, gross profit margin, operating income, and net profit margin.
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