Each student is to select a United States-based public (shares are listed on a major stock exchange) company for this project. You will need to locate the company's income statement and balance sheet for the past 3 years. I have chosen Ford Motor Company.

For each year, please determine the following.

Net Income Net Income Before Taxes Income Tax Rate Earnings Per Share Gross Profit Margin

Nonoperating Income Total Assets Current Assets Net Profit Margin Operating Income

Total Liabilities Current Liabilities Current Ration Debt to Total Assets Ration Book Value

Appropriate turnover ratios may include accounts receivable, accounts payable, and inventory, depending on the type of company you are studying.

1. Prepare a comparative financial statement analysis (horizontal analysis) for each of the financial measures.
2. Prepare a spreadsheet that shows all of the data, calculations, and analyses.
3. For each of the categories that show a difference between the 3 years, determine what factors could have caused the differences.