http://corporate.ford.com/content/dam/corporate/en/investors/reports-and-filings/Annual%20Reports/2015-Annual-Report.pdf

View the 2015 Annual Report for the Ford Motor Company (download the PDF of the Annual Form 10-K report from the website), a Fortune 50 company. Using this report, answer the following questions:

How much was the cash provided by the issuances of debt in 2015? In 2014?

What were the cash and cash equivalents at the end of 2015 and 2014? What does the company classify as cash equivalents?

What were the total accounts receivable (net) at the end of 2015? At the end of 2014?

Assuming that all revenues were net credit sales, and that the total accounts receivable (net) at the end of 2011 were $8,281 million, compute the receivables turnover for 2015 and 2014. (Hint: Assume the total of accounts receivable is in trade receivables). Round your answer to two decimal places. What is your evaluation of the ratio and the difference between the two years?

Which inventory method(s) does the company use? Explain why you think the company selected this method(s).

Compute the inventory turnover ratio for 2015 and 2014 using the ending inventory instead of the average inventory. What is your evaluation of the difference?