2019 GM Ford Item 2016 company GM Cash & Equivalents $ 26,414 $ Accounts Receivable $ 31,703 $ Inventory $ 13,788 $ Current Assets $ 71.905 $ Intangibles $ 6,259 $ PPE $ 70,346 $ Total Assets $ 148,510 $ Accounts Payable S 26,951 $ Short-term Debt $ 29,0285 Current Liabilities 55,989 $ Long-term Debt $ 55,600 $ Total Debt 5 84,628 Total abilities $111.589 Total Equity $ 36,921 2017 2018 GM GM 25,570 $ 28,893 $ 28,685 S 33,399 $ 10,663 $ 9,8165 54,918 5 72,108 $ 5,849 S 5,579 $ 79,135 $ 82,317 S 149,902 $ 160,0045 23,929 $ 22,297 S 26,965 $ 31,891 5 50,894 $ 54,188 67,254 $ 73,060 94,219 $ 104,951 $ 118,148 $ 127.248 31,754 $ 32,7565 2019 Item company 26,595 Cash & Equivalents $ 33,398 Accounts Receivable $ 10,398 Inventory $ 70,391 Current Assets $ 5,337 Intangibles $ 81,905 PPE $ 157,633 Total Assets $ 21,018 Accounts Payable 5 37,639 Short-term Debt 5 58,657 Current Ulabilities $ 66,934 Long term Debt $ 104.573 Total Debt $ 125,591 Total Liabilities 5 32,042 Total Equity S 2016 Ford 38,827 5 57,368 5 8.898 $ 105,093 5 24 S 60,901 $ 166,242 5 21,296 5 49,6699 70,965 93,301 $ 142.970 154,266 S 1,976 $ 2017 2018 Ford Ford 38,927 5 33,951 5 62,8095 65,548 $ 10,277 $ 11,220 s 112,013 5 110,719 5 2885 4425 63,5625 65,297 $ 175,8635 176,4585 23,2825 21,520 $ 51,6215 53,493 5 74,903 5 75,013 S 102,665 $ 100,720 $ 154 2875 154,213 $ 1775695 175,7335 (9,705) 725 $ 34,651 62,888 10,786 108,325 278 67,114 175,717 20,672 54,313 74,986 102,400 156,721 177,394 11,677) Item 2016 2017 2013 company GM GM GM Sales $ 156,380 $ 145,588 $ 147,049 $ -COGS $ 135,837 $ 118,697 $125,154 $ = Gross income $ 29,543 $ 26,891 $ 21,895S - SGA 5 19,510 $ 16,681 S 17.010 S EBIT $ 10,033 10,2105 4,885$ Nonoperating Income $ 2,7115 2,422 S 4,5015 - interest Expense $ 572 $ 5755 655$ Pretax income $ 12.1225 12.0575 8,7315 - Income Taxes 5 2,556 11.695 $ 524 S Net Income $ 9,6165 362 $ 8,202S 2019 Item 2016 2017 2018 2019 GM company Ford Ford Ford Ford 137,237 Sales $ 151.800 $ 156,776 $ 150,338 $ 155,900 122,818 COGS $ 128,725 $ 132,892 $ 137,582 S 136,790 14,419 = Gross income $ 23,075 5 23,884 5 22,756 $ 19,110 8,498 -SGA $ 19,496 S 1,5275 19,603 $ 13 561 5,921 EBIT $ 3,5795 4157 3,153 $ 549 2,503 . Nonoperating incomes 3,3155 5,345 2.406 S 12 782 -- Interest Expense $ 1,261 1,350 $ 1,2385 1.020 7,542 Pretax income $ 5,6335 8.3525 4,321 (4591 754 - Income Taxes $ 1,803 3 5015 685 (519) 5,878 Net Income $ 3,8305 7,851 $ 3,673 $ 50 Question 4 1 pts Suppose Ford could match GM's equity multiplier, Ifall else stays equal (the ceteris paribus assumption) what would have been Ford's ROE for 2019? -4.659 -0.036 0.002 0.219