Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ford Motor income statement for 2018 and 2019. I'm having trouble entering the income statement numbers in my data spreadsheet. I have highlighted the area

Ford Motor income statement for 2018 and 2019. I'm having trouble entering the income statement numbers in my data spreadsheet. I have highlighted the area I need assistance with. I was able to input the numbers for the balance sheet but the income statement numbers don't add up. I have also attached the income statement for year 2018 and 2019. I need help with how to enter the numbers in the data spreadsheet only.

62 63 INCOME STATEMENT DATA 64 65 Revenues 66 67 Gross Profit 68 69 70 71 72 Other operating expenses (1) 73

62 63 INCOME STATEMENT DATA 64 65 Revenues 66 67 Gross Profit 68 69 70 71 72 Other operating expenses (1) 73 Other operating expenses (2) 74 Income from equity investees 75 Non-recurring operating gains 76 Operating Profit 77 Interest income 78 79 Income from equity affiliates 80 Other income or gains 81 Income before Tax 82 83 Income from discontinued operations 84 Extraordinary gains 85 Changes in accounting principles 86 Net Income 87 Net income attributable to noncontrolling interests 88 Net Income attributable to common shareholders 89 Net Income (enter reported amount as a check) 90 91 Other comprehensive income items 92 Comprehensive Income 93 94 95 STATEMENT OF CASH FLOWS DATA 96 97 Net Income 98 Add back depreciation and amortization expenses Balance Sheet Income Statement Data Analysis 2018 160,338 155,900 -145,732 -144,165 14,606 11,735 -11,403 3,203 3,203 3,203 3,203 3,677 3,203 2018 3,203 -11,161 2019 574 574 574 574 47 574 2019 574 Forecasts Forecast Development

Step by Step Solution

3.42 Rating (146 Votes )

There are 3 Steps involved in it

Step: 1

To help you input the income statement numbers accurately into your data spreadsheet lets break down the information from the provided income statemen... 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_2

Step: 3

blur-text-image_3

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

Intermediate Accounting IFRS

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

3rd edition

1119372933, 978-1119372936

More Books

Students also viewed these Accounting questions

Question

How do HTTP and HTTP-NG differ?

Answered: 1 week ago

Question

Is times interest earned meaningful for utilities? Why or why not?

Answered: 1 week ago