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Ford Motor Company, a renowned automobile manufacturer, discloses the following financial information for the fiscal year ending December 31, 20XX: Total revenue: $150 billion Cost
- Ford Motor Company, a renowned automobile manufacturer, discloses the following financial information for the fiscal year ending December 31, 20XX:
- Total revenue: $150 billion
- Cost of goods sold: $120 billion
- Research and development expenses: $5 billion
- Selling and administrative expenses: $10 billion
- Earnings before interest and taxes (EBIT): $15 billion
- Interest expense: $3 billion
- Income tax expense: $2 billion
Compute the following profitability and efficiency ratios for Ford Motor Company:
a) Gross profit margin b) Operating profit margin c) Return on assets (ROA) d) Asset turnover ratio
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