Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Accumulated other comprehensive income/(loss) (Note 21) (7,013) (6,959) Treasury stock (1.122) (1,253) Total equity attributable to Ford Motor Company 29,170 34,890 Equity attributable to noncontrolling

image text in transcribed
image text in transcribed
Accumulated other comprehensive income/(loss) (Note 21) (7,013) (6,959) Treasury stock (1.122) (1,253) Total equity attributable to Ford Motor Company 29,170 34,890 Equity attributable to noncontrolling interests 17 28 Total equity 29,187 34,918 Total liabilities and equity 237,951 $ 257,808 Which company appears to be larger based on the 12/31/2017 total assets (things they own)? Ford How many more assets do they own (compare the total assets of the 2 companies and take the difference)? $ 45,326 Which company has the most debt 12/31/2017 (ie...total liabilities or things they owe)? Ford How many more liabilities do they owe (compare the total liabilities of the 2 companies and take the difference)? $ 46,510 Which company has the largest amount of total equity on 12/31/2017 (the difference between what they own and owe)? GM How much more equity do they own (compare the total assets of the 2 companies and take the difference)? $ 1,184 X

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

Financial Accounting A Business Process Approach

Authors: Jane L Reimers

2nd Edition

131473867, 978-0131473867

More Books

Students also viewed these Accounting questions

Question

An improvement in the exchange of information in negotiations.

Answered: 1 week ago