The following data were obtained from the 2016 financial statements for two U.S. automakers (in millions of

Question:

The following data were obtained from the 2016 financial statements for two U.S. automakers (in millions of dollars):

Ford GM $141,546 126,584 $151,092 138,082 Sales Cost of goods sold


Required

1. Calculate and interpret total productivity in dollars for the two automakers.

2. Go to the internet for these companies and look under investor information to find the 2016 financial statements for each company. Review the sections on management€™s discussion and analysis and the related financial statements and disclosures and to find the market size and market share information provided by these firms.
Ford: http://shareholder.ford.com/financials/annual-reports
GM: http://www.gm.com/investors/index.html

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Cost Management A Strategic Emphasis

ISBN: 9781259917028

8th Edition

Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith

Question Posted: