D. Ford Motor Company CONSOLIDATED BALANCE SHEET- USD (SI S in Millions Dec. 31, 2017 Dec. 31, 2016 ASSETS Cash and cash equivalents Short term Marketable securities (Note 9) Accounts receivables, (less allowances of $392 for 2017 and $412 for $ 18,492 $ 15,905 Calculate Gross Recievables 20,435 22.922 171,201 153,558 2016) Inventories (Note 12) Other assets Total current assets olFinancial Services finance receivables, net (Note 10) Net investment in operating leases 2Net property (Note 14) BEquity in net assets of affiliated companies (Note 15) 4Deferred income taxes (Note 7) 5Jother assets Total assets 7 LIABILITIES Payables lother liabilities and deferred revenue (Note 16) 0 Total current liabilities 1other liabilities and deferred revenue (Note 16) 2 Debt alDeferred income taxes (Note 7) 4 Total liabilities SRedeemable noncontrolling interest (Note 20) 6EQUITY 7 Capital in excess of par value of stock c Retained earnings 9 Accumulated other comprehensive income/lloss) (Note 21) 10,277 8,898 2017 2016 "Review A Exhibit 6-3 3,889 3,368 108,461 115,902 56,182 49,924 28,235 28,829 35,327 32,072 3,085 3,304 10,973 9,705 5,656 237,951 8,104 257,808 23,282 19.697 94,600 21,296 19,316 90, 281 24, 195 24, 711 154,287 142,970 815 691 222, 792 208,668 96 96 21.843 21.630 21.218 15,634 (6.959) (7.013) 28 Retained earnings 21,218 15,634 29 Accumulated other comprehensive income/(loss) (Note 21) 30 Treasury stock 31 Total equity attributable to Ford Motor Company 32 Equity attributable to noncontrolling interests 33 Total equity 34 Total liabilities and equity (6,959) (1,253) (7,013) (1,122) 34,890 29,170 28 17 34,918 29,187 257,808 237,951 35 36 12 Months Ended CONSOLIDATED INCOME STATEMENT - USD ($) $ in Millions 37 Dec. 31, 2017 Dec. 31, 2016 38 Revenues 39 Financial Services Revenues $11,113 $ 10,253 40 Total Net Sales 41 Costs and expenses 42 Cost of Goods Sold 43 Selling, administrative, and other expenses 44 Financial Services interest, operating, and other expenses 45 Total costs and expenses 46 Interest expense on Automotive debt 47 Equity in net income of affiliated companies 156,776 151,800 131,332 126,183 11,527 10,972 9,104 8,904 151,963 146,059 1,133 894 1,201 1,780 48 Income before income taxes 8,148 6,796 19 Provision for/(Benefit from) income taxes (Note 7) 520 2,189 50 Net income 51 7,628 4,607 52 Calculate Days Sales Receivables 2017 Exhbit 6-3 53 54 Calculate Average Receivables 2017 Exhibit 6-4 part B 55 Calculate Accounts Receivable Turnover 2017 Exhibit 6-4 Chant1 55 56 Calculate Accounts Receivable Turnover 2017 Exhibit 6-4 57 Calculate Accounts Receivable Turnover in Days 2017 58 Exhibit 6-5 59 60 Calculate Day Sales Inventory 2017 Exhibit 6-8 61 Calculate Average Inventory 2017 62 Exhibit 6-9 8 63 Calculate Inventory Turnover 2017 64 Exhibit 6-9 65 Exhibit 6-10 66 Calculate Inventory Turnover in Days 2017 67 Working Capital 2017 68 Exhibit 6-12 69 70 Current Ratio 2017 Exhibit 6-13 71 72 Acid-Test Ratio 2017(First Example in Bookp.244) Exhibit 6-14 73 Cash Ratio 2017 74 Exhibit 6-17 75 76 Average Working Capital 2017 Exhibit 6-18 Part B 77 Sales to Working Capital 2017 78 Exhibit 6-18 79 O Total Points 80
