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Tesla Inc., the renowned electric vehicle manufacturer, released its financial statements for the fiscal year ending December 31, 20X5. Based on the provided income statement
Tesla Inc., the renowned electric vehicle manufacturer, released its financial statements for the fiscal year ending December 31, 20X5. Based on the provided income statement data:
- Sales Revenue: $30,000,000
- Cost of Goods Sold: $20,000,000
- Operating Expenses: $5,000,000
- Depreciation Expense: $2,000,000
- Interest Expense: $1,000,000
- Income Tax Expense: $3,000,000 Calculate the gross profit, operating income, net income, and earnings per share (assuming 100,000,000 outstanding shares).
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