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Determine if the balance sheet is presented in a current or non-current format or a liquidity-based format. Calculate two liquidity ratios: the current ratio and

  • Determine if the balance sheet is presented in a current or non-current format or a liquidity-based format.
  • Calculate two liquidity ratios: the current ratio and the quick (acid-test) ratio for your assigned company for the two years provided on the balance sheet.
    • Include a table in your post that shows the inputs for each calculation and the ratio.
    • To assist you with inserting a table, review Tables, Images, & AppendicesLinks to an external site..
  • Calculate two solvency ratios: the long-term debt to equity ratio and the total debt ratio for your assigned company for the two years provided on the balance sheet.
    • Include a table in your post that shows the inputs for each calculation and the ratio.
    • To assist you with inserting a table, review Tables, Images, & AppendicesLinks to an external site..
  • Explain the trends in each liquidity ratio over the two-year period.
  • Explain the trends in each solvency ratio over the two-year period.image text in transcribedimage text in transcribed
\begin{tabular}{|c|c|c|} \hline \begin{tabular}{c} CONSOLIDATED BALANCE SHEET - \\ USD (\$) \\ shares in Millions, $ in Millions \end{tabular} & Dec. 31,2022 & Dec. 31, 2021 \\ \hline \multicolumn{3}{|l|}{ Assets, Current [Abstract] } \\ \hline Cash and cash equivalents & $25,134 & $20,540 \\ \hline Marketable securities (Note 9) & 18,936 & 29,053 \\ \hline \begin{tabular}{l} Financing Receivable, after Allowance for \\ Credit Loss, Current \end{tabular} & 38,720 & 32,543 \\ \hline \begin{tabular}{l} Trade and other receivables, less \\ allowances of $48 and $105 \end{tabular} & 15,729 & 11,370 \\ \hline Inventories (Note 11) & 14,080 & 12,065 \\ \hline Assets held for sale & 97 & 9 \\ \hline Other Assets, Current & 3,780 & 3,416 \\ \hline Total current assets & 116,476 & 108,996 \\ \hline \multicolumn{3}{|l|}{ Assets, Noncurrent [Abstract] } \\ \hline \begin{tabular}{l} Financing Receivable, after Allowance for \\ Credit Loss, Noncurrent \end{tabular} & 49,903 & 51,256 \\ \hline Net investment in operating leases & 22,772 & 26,361 \\ \hline Net property (Note 13 ) & 37,265 & 37,139 \\ \hline \begin{tabular}{l} Equity in net assets of affiliated \\ companies (Note 14) \end{tabular} & 2,798 & 4,545 \\ \hline Deferred Income Tax Assets, Net & 15,552 & 13,796 \\ \hline Other Assets, Noncurrent & 11,118 & 14,942 \\ \hline Total assets & 255,884 & 257,035 \\ \hline \multicolumn{3}{|l|}{ Liabilities, Current [Abstract] } \\ \hline Payables & 25,605 & 22,349 \\ \hline \begin{tabular}{l} Other liabilities and deferred revenue \\ (Note 16 and Note 25 ) \end{tabular} & 21,097 & 18,686 \\ \hline Total current liabilities & 96,866 & 90,727 \\ \hline \multicolumn{3}{|l|}{ Liabilities, Noncurrent [Abstract] } \\ \hline \begin{tabular}{l} Other liabilities and deferred revenue \\ (Note 16 and Note 25) \end{tabular} & 25,497 & 27,705 \\ \hline Deferred income taxes & 1,549 & 1,581 \\ \hline Total liabilities & 212,717 & 208,413 \\ \hline \multicolumn{3}{|l|}{ EQUITY } \\ \hline Capital in excess of par value of stock & 22,832 & 22,611 \\ \hline Retained earnings & 31,754 & 35,769 \\ \hline \begin{tabular}{l} Accumulated other comprehensive \\ income/(loss) (Note 23) \end{tabular} & (9,339) & (8,339) \\ \hline Treasury stock & (2,047) & (1,563) \\ \hline \begin{tabular}{l} Total equity attributable to Ford Motor \\ Company \end{tabular} & 43,242 & 48,519 \\ \hline \begin{tabular}{l} Equity attributable to noncontrolling \\ interests \end{tabular} & (75) & 103 \\ \hline Total equity & 43,167 & 48,622 \\ \hline Total liabilities and equity & 255,884 & 257,035 \\ \hline \multicolumn{3}{|l|}{ Common Stock } \\ \hline \multicolumn{3}{|l|}{ EQUITY } \\ \hline Common and Class B Stock & $41 & 40 \\ \hline \begin{tabular}{l} Common stock, par value (in dollars per \\ share) \end{tabular} & $0.01 & \\ \hline Common Stock, shares issued (in shares) & 4,068 & \\ \hline \begin{tabular}{l} Common Stock, Shares Authorized (in \\ shares) \end{tabular} & 6,000 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|l|}{ Class B Stock } \\ \hline \multicolumn{3}{|l|}{ EQUITY } \\ \hline Common and Class B Stock & $1 & 1 \\ \hline \begin{tabular}{l} Common stock, par value (in dollars per \\ share) \end{tabular} & \$ 0.01 & \\ \hline Common Stock, shares issued (in shares) & 71 & \\ \hline \begin{tabular}{l} Common Stock, Shares Authorized (in \\ shares) \end{tabular} & 530 & \\ \hline \multicolumn{3}{|l|}{ Ford Credit } \\ \hline \multicolumn{3}{|l|}{ Assets, Current [Abstract] } \\ \hline \begin{tabular}{l} Financing Receivable, after Allowance for \\ Credit Loss, Current \end{tabular} & $38,720 & 32,543 \\ \hline \multicolumn{3}{|l|}{ Assets, Noncurrent [Abstract] } \\ \hline \begin{tabular}{l} Financing Receivable, after Allowance for \\ Credit Loss, Noncurrent \end{tabular} & 49,903 & 51,256 \\ \hline \multicolumn{3}{|l|}{ Operating Segments | Ford Credit } \\ \hline \multicolumn{3}{|l|}{ Assets, Current [Abstract] } \\ \hline Cash and cash equivalents & 10,393 & 10,963 \\ \hline \multicolumn{3}{|l|}{ Assets, Noncurrent [Abstract] } \\ \hline Total assets & 137,954 & 134,428 \\ \hline \multicolumn{3}{|l|}{ Liabilities, Current [Abstract] } \\ \hline Total debt payable within one year & 49,434 & 46,517 \\ \hline \multicolumn{3}{|l|}{ Liabilities, Noncurrent [Abstract] } \\ \hline Long-term Debt and Lease Obligation & 69,605 & 71,200 \\ \hline \multicolumn{3}{|l|}{\begin{tabular}{l} Operating Segments | Company \\ excluding Ford Credit \end{tabular}} \\ \hline \multicolumn{3}{|l|}{ Assets, Current [Abstract] } \\ \hline Cash and cash equivalents & 14,741 & 9,577 \\ \hline \multicolumn{3}{|l|}{ Liabilities, Current [Abstract] } \\ \hline Total debt payable within one year & 730 & 3,175 \\ \hline \multicolumn{3}{|l|}{ Liabilities, Noncurrent [Abstract] } \\ \hline Long-term Debt and Lease Obligation & $19,200 & $17,200 \\ \hline \end{tabular}

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