ACG6175 CMBA Final Examination Answers

ACG6175 CMBA Final Examination Answers

Author: sweeden jorgh

ACG6175 CMBA Final Examination Answers

Copy and Pate below link into your Browser to buy tutorial


ACG6175 CMBA Final Examination Answers


Write your answers in standard English.

Include any computations you make in completing your answers.

Be specific.

1) Decompose Tesla’s ROE for the annual periods 2012-2014. Note any trends you observe.

2) Tesla notes that Q1 automotive revenue includes $51 million from the sale of ZEV credits.*

Assuming that 2012-2014 annual revenues are comprised of the same percentage of ZEV

revenues as was the case in Q1 of 2015, re-compute Tesla’s income after removing the effect of

the ZEV sales and decompose ROE using the revised data.

3) Compare your new calculations to your ROE decomposition from question 1.

4) Comment on the quality of Tesla’s earnings.

5) Given that Tesla has consistently generated losses, how has the company managed to survive?

Read Tesla’s Stockholder Letter for the first quarter of 2015. Tesla repeatedly refers to “nonGAAP”


6) What are the specific departures Tesla makes from GAAP in computing these numbers?

7) Why do you think the company keeps referring to “non-GAAP” measures?

See More
Try a College Course Free

Sophia’s self-paced online courses are a great way to save time and money as you earn credits eligible for transfer to over 2,000 colleges and universities.*

Begin Free Trial
No credit card required

25 Sophia partners guarantee credit transfer.

226 Institutions have accepted or given pre-approval for credit transfer.

* The American Council on Education's College Credit Recommendation Service (ACE Credit®) has evaluated and recommended college credit for 21 of Sophia’s online courses. More than 2,000 colleges and universities consider ACE CREDIT recommendations in determining the applicability to their course and degree programs.