Financial Statement Analysis - Ford Motor Company

Ford Motor Company has reported the following financial data for the fiscal year ended December 31, 2023:

• Total Assets: $280,400 million
• Total Liabilities: $140,200 million
• Net Income: $18,700 million
• Total Revenue: $240,500 million
• Total Expenses: $221,800 million
• Average Shareholders' Equity: $140,200 million

Calculate the following financial ratios for Ford Motor Company:

a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin

Interpret each ratio and discuss the financial performance of Ford Motor Company based on these ratios.