Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

for 2017 and 2018 complete the following ratios (If you can't do both years due to question limits only do one year but please complete

for 2017 and 2018 complete the following ratios (If you can't do both years due to question limits only do one year but please complete all four ratios for that year)

quick ratio

Account receivable turnover ratio

earnings per share

P/E Ratio

image text in transcribedimage text in transcribedimage text in transcribed

image text in transcribed

- = 3 FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENT OF CASH FLOWS (in millions) For the years ended December 31, 2016 2017 2018 $ 7.757 $ 9.122 (669) 717 (608) 3,695 9.200 1972) (403) Cash flows from operating activities Net Income Depreciation and tooling amonization Other amortion Provision for credit and insurance losses Pension and other postrecrement employee benefits (OPEB) expense income) Equity investment (samines in excess of dividends received Foreign currency adjustments Nel pass on changes in investments in alles Stock compensation Net change in wholesale and other receivables Provision for deferred income taxes Decrease increase in accounts receivable and other assets Decrease increase in inventory Increase Decrease in accounts payable and accrued and others Other Nel cash provided by used in operating activities 4,600 $ 9.023 (306) 672 2,567 (178) 283 (139) 210 (1.449) 1.473 (2.855) (803) 6,506 57 19.850 246 (836) (350) 400 200 529 (42) 191 (2.40) (15) (2,239) (828) 6.781 17 15,022 (070) 6,089 65 18.096 Cash flow from investing activities Capital spending Aquisitions of finance receivables and operating leases Collections of finance receivables and operating leases Purchases of mantable and other securities Sales and matures of marketable and other securities (6,912) (56,007) 38.834 (31,426) 29.364 825 112 05.302) (7.040) (59,354) 44,641 (27.567) 29.896 100 (29) (19.360 7.785) 182.924) 0.10 (17,1407 20,527 350 (16,201) I Netcash provided by used in investing activities Cash flow from financing activities Cash didende Purchase of stock 0.370) (145) 3,664 45,901 (34,797) (107) 7400 (205) (2.905) (164) (2.819) 50,10 Proceeds and of long term del Palpayments 2.500 (131) 1.229 45,101 (40.770) (150 2.394 483 2,610 Efectelecharge rechanges ocash, cashes, and restricted cash Met incredere in cash, cash events and restricted cash (192) (122) (370) 1,731) 16 $ 14,336 163 16.019 16.019 2.619 18,631 (1.731) Cash, cash, and wash December 31 FS-6 ad States) FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET (in millions) December 31, 2017 December 31, 2018 $ ASSETS Cash and cash equivalents Note Marketable securities (Note 9) Ford Credit finance receivables, net (Note 10) Trade and other receivables, less allowances of 5412 and 594 Inventories (Note 12) Other assets Total currentes Ford Credit finance receivables, net (Note 10) Net investment in operating leases (Note 13) Net property Note 14) Equity in nel sets of affiliated companies (Note 15) Delerred income taxes (Note 7) Others Total assets LIABILITIES Payable Others and deferred revenue (Note 15) Automotive et payable within one year (Note 18) Ford Credit payable within one year 18) Total current liabilities Others and deferred revenue (Note 16) Automotive long term debet Note 16) Ford Collong-term debt (Note 18) Omer longtem debole 18) Deemed income taxes pole 7) 18.492 $ 20,435 52.210 10,599 11,176 3.889 116,801 56,182 26.235 35, 327 3,085 10,762 8,104 258.490 $ 16,718 17,233 54,353 11,195 11,220 3,830 114,649 55,544 29.119 36,178 2,709 10,412 7,929 256,540 5 21,520 20,556 2,314 51.179 95,569 23.2825 19,697 3,356 48.265 94.800 24.711 12.575 89.42 599 815 222,792 23.58 11,233 88,887 600 597 220,474 100 Remate no controlling interese 20 EQUITY Comment par 501 per share 14.000 million shares stund of 6 bilion authorized Castro, por.1 per share (11 milion shares of 530 milion authorized Capta welve flock 1 22.000 22,888 AG her comprehensive income) 21) 21.843 21,906 18.05 (1253) 35.578 28 (1.417) 3532 34 3, 294 wewe See Me 22 Womenon VE December 31 2017 December 31 2010 . 2.72 3.4 56.250 11.500 64 14,332 2 $3,200 F8-4 ted States) FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENT OF EQUITY (in millions) Equity Attributable to Ford Motor Company Cap. In Excess of Accumulated Equity Par Retained Other Attributable Value Earnings Comprehensive to Non- Capital of (Accumulated Income Los) Treasury controlling Total Stock Stock Deficit) (Note 21) Stock Total Interests Equity $ 41 $21.421 $ 14.980$ (6.257) S (977) $ 29,208 5 15 3 29.223 4.589 4.589 11 4,600 (756) (756) (1) (757) Balance at December 31, 2015 Net income Other comprehensive income loss), net of tax Common stock issued including share based compensation impacts) Treasy stocklothes Cash dividends declared (a) Balance at December 31, 2016 200 ! 1 III 200 (145) (145) 3376) 7,013 (1122) 529,7 s 209 (3) (148) 15 (3,381) 17 $29.740 41 0 (3.376) 16.1933 $ 41 $21,630 $ Balance of December 31, 2016 Adoption of accounting standards Net Income Other comprehensive income foss), et 16,193 $ 566 7,731 (7,013) $ (1,122) $ 29,729 $ 572 7.731 Il 1 17 $ 29,746 572 25 7.757 $4 (2) 52 207 ! Common stock sued including share- based compensation impacts) Treasury slock/other Cash dividends declared (a) Balance at December 31, 2017 LIT 207 (131) (131) (2 504) 0.2 5.3557 (2,584) 21923 207 (2) (133) (2.5952 26 507 21 121 Balance December 31, 2017 $ 41 $ 21,843 $ 21,98 $ (6,950 $ 11,253) $ 35,678 28 $35,606 Net income 3,677 3,677 18 3,895 Other comprehensive income.net (407) (407) (407) Common slocked including share. based compensation impedisi 163 163 163 Treasury socker Dividend and widend equivalent (164) (164) (164) declared (2016) (2.918) (12) Balance December 31, 2016 (2.927) 21 290 72663 1423 A cared vidende per share of common and Class B Stock of 50.85, 1065, and 30.73 per share in 2016, 2017 and 2018 respectively The accompanying notes are part of the consolidated financial statements A111 - Stato FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED INCOME STATEMENT (in millions, except per share amounts) For the years ended December 31, 2016 2017 2018 5 141,546 5 10.253 Revenues Automotive Ford Credit Mobility Total revenues (Note 4 145,653 $ 11,113 10 156,778 148,294 12,018 26 151,800 160,330 Costs and expenses Cost of sales Selling, administrative, and other expenses Ford Credit interest, operating and other expenses Totalous and expenses 125,195 10.972 8,847 146,014 131,321 11.527 9.047 151,896 136,269 11,403 9.463 157,135 Interest expense on Automotive debt Interest expense on Other Geb 894 57 1,133 57 1,171 57 Other income to me ( Note 5) Equity in net income of aed companies Income before income taxes Provision for Benefit from income taxes (Note 7) Net Income Lese: Income) wrbutable to no controlling terests Net Income attributable to Ford Motor Company 169 1,780 6,784 2,184 4.800 11 4,5895 3.267 1,201 8.159 402 7.757 26 7.7211 2,247 123 4,345 650 3,695 18 3,677 EARNINGS PER SHARE ATTRIBUTABLE TO FORD MOTOR COMPANY COMMON AND CLASS STOCK (Note ) Basic income 1.16 $ Diluted income 1.15 1.94 $ 1.93 0.92 I CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (in millions) For the years anded December 31, 2016 2017 2010 Net Income 4.600 5 7.7573 1.695 Other comprehensive income one of tax le 21) Foreign currency (1024) 314 Martes (34) (11) 219 265) Pension and the promene 37 (567 Totalhar comprehensive income one of tax (757 2 (407) Comprehensive income 33 7,800 3.288 Lou Comprehensive come to controlling reste 10 24 10 Comprehensive income to Ford Motor Company 7.7857 3.27 FS-3 States)

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

Effective Writing A For Accountants

Authors: Claire B. May, Gordon S. May

9th Edition

0132567245, 9780132567244

More Books

Students also viewed these Accounting questions

Question

Why is interest in portable benefits in health care increasing?

Answered: 1 week ago