Question
http://corporate.ford.com/doc/sr13-form-10-k.pdf http://www.toyota-global.com/investors/ir_library/sec/pdf/20-F_201403_final.pdf Using the 2014 Ford 10-K and Toyota 20-F (links above for Ford 10-K and Toyota 20-F), please answer the following: c. How does
http://corporate.ford.com/doc/sr13-form-10-k.pdf
http://www.toyota-global.com/investors/ir_library/sec/pdf/20-F_201403_final.pdf
Using the 2014 Ford 10-K and Toyota 20-F (links above for Ford 10-K and Toyota 20-F), please answer the following:
c. How does management obtain comfort that internal control does not contain any material weakness?
d. From a conceptual point of view, assume that two companies are the same size, participate in the same industry, and have the same reported net income. However, one has a material weakness in internal control over financial reporting and the other does not have any material weakness. Should the stock price of the two be different? What is the rationale for your answer?
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