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Tesla, Inc. reported the following figures for the year ending December 31, 2023: Net Sales: $98.5 billion Cost of Goods Sold (COGS): $72.3 billion Operating
Tesla, Inc. reported the following figures for the year ending December 31, 2023:
- Net Sales: $98.5 billion
- Cost of Goods Sold (COGS): $72.3 billion
- Operating Expenses: $15.8 billion Calculate: a) Gross profit margin. b) Operating profit margin. c) Net profit margin if the net income for the year is $5.5 billion.
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
978-0324300987
