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Tesla Inc. reported the following financial data for the fiscal year: Total Revenue: $20 billion Cost of Goods Sold (COGS): $12 billion Operating Expenses: $5
Tesla Inc. reported the following financial data for the fiscal year:
•Total Revenue: $20 billion
•Cost of Goods Sold (COGS): $12 billion
•Operating Expenses: $5 billion
•Interest Expense: $500 million
•Net Income: $2 billion
•Total Assets: $50 billion
•Total Liabilities: $20 billion
Calculate and interpret the following financial ratios for Tesla Inc.:
•Return on Assets (ROA)
•Return on Equity (ROE)
•Debt-to-Asset Ratio
•Interest Coverage Ratio
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