Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2016 2015 2 3 4 5 14 1.15 Short-Term Solvency, or Liquidity, Measures Current ratio: Interval measure: 7 8 Long-Term Solvency Measures Total debt ratio:

image text in transcribed
image text in transcribed
image text in transcribed
2016 2015 2 3 4 5 14 1.15 Short-Term Solvency, or Liquidity, Measures Current ratio: Interval measure: 7 8 Long-Term Solvency Measures Total debt ratio: Debt-equity ratio: Equity multiplier: Times interest earned: ? ? ? 7 ? 2 9 10 11 12 13 14 15 16 17 Asset Management, or Turnover, Measures Fixed asset turnover: Total asset turnover: 2 2 18 Profitability Measures Profit margin: Return on assets (ROA): Return on equity (ROE): 19 20 21 ? 2 2 2 2 2 22 Automatic Data Processing (ADP) CONSOLIDATED BALANCE SHEET-USD ($) in Millions Dec 31, 2016 Dec 31, 2015 + $ 15,905 22,922 46,266 96,190 11,102 8,898 3,368 108,461 49,924 28,829 32,072 3,304 9,705 5,656 237.951 $ 14,272 20,904 45,137 90,691 11,042 8,319 2,913 102,587 45,554 27,093 30,163 3,224 11,509 4,795 224,925 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 ASSETS Cash and cash equivalents Marketable securities (Note 5) Financial Services finance receivables, net (Note 6) Financial Services finance receivables, net Trade and other receivables, less allowances of $372 and $392 Inventories (Note 9) Other assets Total current assets Financial Services finance receivables, net (Note 6) Net Investment in operating leases Net property (Note 11) Equity in net assets of affiliated companies (Note 10) Deferred income taxes (Note 21) Other assets Total assets LIABILITIES Payables Other liabilities and deferred revenue (Note 12) Total current liabilities Other Habilities and deferred revenue (Note 12) Debt Deferred income taxes (Note 21) Total abilities Redeemable noncontrolling interest (Note 15) EQUITY Capital in excess of par value of stock Retained earnings Accumulated other comprehensive incoma/10) (Note 18) Treasury stock Total equity attributable to Ford Motor Company Equity attributable to noncontrolling interests Total equity Total abilities and equity 21,296 19,316 90,281 24,395 142,970 691 208,668 96 20,272 19,089 32,336 23,457 132,854 502 196,174 94 21,630 15,634 (7,013) (1,122) 29,170 17 29,187 237,951 21,421 14,414 (6,257) 1977) 28,642 15 28,657 224,925 CONSOLIDATED INCOME STATEMENT - USD ($) $ In Millions 12 Months Ended Dec 31, 2016 Dec 31, 2015 58 59 60 61 62 63 64 65 $ 10,253 151,800 $8,992 149,558 66 67 68 69 Revenues Financial Services Revenues Total revenues Costs and expenses Cost of sales Selling, administrative, and other expenses Financial Services interest, operating and other expenses Total costs and expenses Interest expense on Automotive debt Equity in net income of affiliated companies Income before income taxes Provision for/Benefit from) income taxes (Note 21) Net income Less: Income/(Loss) attributable to noncontrolling interests Net income attributable to Ford Motor Company Basic income Basic income fin dollars per share) 126,584 12,196 8,904 147,684 894 1,780 6,796 2,189 4,607 11 $4,596 124,041 10,502 7,368 141,911 773 1,818 10,252 2,881 7,371 (2) $ 7,373 70 71 72 73 74 75 76 77 78 $ 1.16 $ 1.86 2016 2015 2 3 4 5 14 1.15 Short-Term Solvency, or Liquidity, Measures Current ratio: Interval measure: 7 8 Long-Term Solvency Measures Total debt ratio: Debt-equity ratio: Equity multiplier: Times interest earned: ? ? ? 7 ? 2 9 10 11 12 13 14 15 16 17 Asset Management, or Turnover, Measures Fixed asset turnover: Total asset turnover: 2 2 18 Profitability Measures Profit margin: Return on assets (ROA): Return on equity (ROE): 19 20 21 ? 2 2 2 2 2 22 Automatic Data Processing (ADP) CONSOLIDATED BALANCE SHEET-USD ($) in Millions Dec 31, 2016 Dec 31, 2015 + $ 15,905 22,922 46,266 96,190 11,102 8,898 3,368 108,461 49,924 28,829 32,072 3,304 9,705 5,656 237.951 $ 14,272 20,904 45,137 90,691 11,042 8,319 2,913 102,587 45,554 27,093 30,163 3,224 11,509 4,795 224,925 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 ASSETS Cash and cash equivalents Marketable securities (Note 5) Financial Services finance receivables, net (Note 6) Financial Services finance receivables, net Trade and other receivables, less allowances of $372 and $392 Inventories (Note 9) Other assets Total current assets Financial Services finance receivables, net (Note 6) Net Investment in operating leases Net property (Note 11) Equity in net assets of affiliated companies (Note 10) Deferred income taxes (Note 21) Other assets Total assets LIABILITIES Payables Other liabilities and deferred revenue (Note 12) Total current liabilities Other Habilities and deferred revenue (Note 12) Debt Deferred income taxes (Note 21) Total abilities Redeemable noncontrolling interest (Note 15) EQUITY Capital in excess of par value of stock Retained earnings Accumulated other comprehensive incoma/10) (Note 18) Treasury stock Total equity attributable to Ford Motor Company Equity attributable to noncontrolling interests Total equity Total abilities and equity 21,296 19,316 90,281 24,395 142,970 691 208,668 96 20,272 19,089 32,336 23,457 132,854 502 196,174 94 21,630 15,634 (7,013) (1,122) 29,170 17 29,187 237,951 21,421 14,414 (6,257) 1977) 28,642 15 28,657 224,925 CONSOLIDATED INCOME STATEMENT - USD ($) $ In Millions 12 Months Ended Dec 31, 2016 Dec 31, 2015 58 59 60 61 62 63 64 65 $ 10,253 151,800 $8,992 149,558 66 67 68 69 Revenues Financial Services Revenues Total revenues Costs and expenses Cost of sales Selling, administrative, and other expenses Financial Services interest, operating and other expenses Total costs and expenses Interest expense on Automotive debt Equity in net income of affiliated companies Income before income taxes Provision for/Benefit from) income taxes (Note 21) Net income Less: Income/(Loss) attributable to noncontrolling interests Net income attributable to Ford Motor Company Basic income Basic income fin dollars per share) 126,584 12,196 8,904 147,684 894 1,780 6,796 2,189 4,607 11 $4,596 124,041 10,502 7,368 141,911 773 1,818 10,252 2,881 7,371 (2) $ 7,373 70 71 72 73 74 75 76 77 78 $ 1.16 $ 1.86

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Concepts And Applications

Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice, Monte R. Swain

10th Edition

0324376154, 978-0324376159

More Books

Students also viewed these Accounting questions

Question

=+ Is the information source free from bias on the subject?

Answered: 1 week ago

Question

=+ Is the information source knowledgeable about the subject?

Answered: 1 week ago

Question

=+2. How will it be used?

Answered: 1 week ago