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Tesla's financial performance for the year 2023: Item Amount ($) Revenue 53,823,000 Cost of Goods Sold 31,895,000 Operating Expenses 14,720,000 Interest Expense 2,100,000 Tax Rate
Tesla's financial performance for the year 2023:
Item | Amount ($) |
Revenue | 53,823,000 |
Cost of Goods Sold | 31,895,000 |
Operating Expenses | 14,720,000 |
Interest Expense | 2,100,000 |
Tax Rate | 22% |
Requirements:
- Prepare an Income Statement for Tesla for the year 2023.
- Compute the Gross Profit.
- Calculate the Operating Income.
- Determine the Net Income after taxes.
- Evaluate the profit margin ratio for Tesla.
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