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Ford Motor Company (2023) reported that as of December 31, 2023, it had cash and cash equivalents of $24,862 million and a receivables account after

Ford Motor Company (2023) reported that as of December 31, 2023, it had cash and cash equivalents of $24,862 million and a receivables account after allowances of $ 15,601 million. The receivables turnover ratio for Ford Motor Company for the year 2023, using total revenues, is approximately 11.25. Ford's 2023 profitability was measured on a share basis, with earnings per share (EPS) diluted at $1.08. Ford Motor Company's return on investment (ROI) for the whole company will be around 1.64% in 2023. This percentage shows how efficiently the company generates profit from its total assets.profitability, and use of equity investments to generate returns efficiently. A high turnover of receivables indicates adequate credit and collection processes, while positive EPS represents profitable operations (Murphy, 2024). Modest ROI numbers show positive returns from investments made into Ford's operations and investments. These metrics point to financial security for Ford by 2023 due to strong operational and financial management in place  Ford Motor Company's Return on Equity (ROE) for 2023 is estimated at 10,07%. This percentage shows the company's efficiency in generating profit relative to its shareholders' equity. According to the accounting metrics, Ford Motor Company appears in good health. 

Demonstrate how efficient receivables management work. Advise him some more preferable ways to work.  

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