Debt Ratios The Ford Motor Company (F) designs, manufactures, markets, and sells cars, trucks, and sport utility
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Debt Ratios
The Ford Motor Company (F) designs, manufactures, markets, and sells cars, trucks, and sport utility vehicles (SUVs). Ford is a major competitor of General Motors Company (GM). The following data (in millions) were adapted from recent financial statements of Ford Motor Company:
Year 2 | Year 1 | ||||
Total assets | $258,537 | $256,540 | |||
Total liabilities | 225,352 | 220,608 | |||
Total stockholders' equity | 33,185 | 35,932 |
1. Compute the debt ratio for Years 1 and 2. Round to one decimal place.
Year 2 | Year 1 | |
Debt ratio | ______ % | ______ % |
2. Given your answer to part (1), what is the ratio of stockholders' equity to total assets? Round to one decimal place.
Year 2 | Year 1 | |
Ratio of stockholders' equity to total assets | ______ % | ______ % |
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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