Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

6.7 What was the amount of selling, general, and administrative expenses in 2013? Of this amount, what was the amount for stock-based compensation expense? Also,

image text in transcribed

image text in transcribed

6.7 What was the amount of selling, general, and administrative expenses in 2013? Of this amount, what was the amount for stock-based compensation expense? Also,What amount of dividends on common stock was paid per share and in total in 2013?

FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED INCOME STATEMENT (in millions, except per share amounts) For the years ended December 31 2012 2013 2011 139,369 S 126,567 $ 7,548 146,917 6,992 133,559 128,168 7,437 135,605 Financial Services Total revenues Costs and expenses Automative cost of sales Selling, administrative, and other expenses Financial Services interest expense Financial Services provision for credit and insurance losses 112,992 11,494 113,611 13,176 3,614 208 Total costs and expenses 141,478 127,678 Automotive interest expense 817 974 1,091 Automotive interest income and other income(loss), net (Nole 19) Financial Services other incomeloss), net (Note 19) Equity in net income of affiiated companies Income before income taxes Provision forkBenefit from) income taxes (Note 22) Net income Less: Income/Loss) attributable to noncontrolling interests Net income attributable to Ford Motor Company 1,069 7,001 588 7,720 2,056 5,664 500 8,681 (11,541) 20,222 7,148 7,155 S 5,665 $ 20,213 AMOUNTS PER SHARE ATTRIBUTABLE TO FORD MOTOR COMPANY COMMON AND CLASS B STOCK (Note 24) Basic income Diluted income 1.82 S 1.76 1.48 $ 1.42 Cash dividends declared 0.15 0.05 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (in millions) For the years ended December 31 2012 2013 2011 Net income 7,148S 5,664 5 Other comprehensive incomeloss), net of tax (Note 18) Foreign currency translation Derivative instruments Pension and other postretirement benefits Net holding gains/osses) 215 (152) 4,623 11,771 (4,120) 1,544 (4,423) 5,799 Total other comprehensive incomelloss), net of tax Comprehensive income Less: Comprehensive income(loss) attributable to noncontrolling interests Comprehensive income attributable to Ford Motor Company 11,778 S 1,545 15,792 The accompanying notes are part of the financial statements

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_2

Step: 3

blur-text-image_3

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

Forensics Audits And Dreaming

Authors: Helgard Petrus - Coetser

1st Edition

1664260250, 978-1664260252

More Books

Students also viewed these Accounting questions