Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please calculate the four ratios for 2018 and 2019 and show your work B 17,504 16,718 D 18,492 E 15,905 F 14,272 17,147 20,435 22,922

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

please calculate the four ratios for 2018 and 2019 and show your work

B 17,504 16,718 D 18,492 E 15,905 F 14,272 17,147 20,435 22,922 20,904 Cash and cash equivalents Marketable securities Ford Credit finance receivables, net Trade and other receivables, less allowances Inventories 17,233 54,353 53,651 52,210 46,266 45,137 9,237 10,599 11,102 11,042 11,195 11,220 10,786 10,277 8,898 8,319 Assets held for sale 2,383 Other assets 3,339 3,930 3,889 3,368 2,913 114,649 115,902 102,587 114,047 53,703 108,461 49,924 55,544 56,182 45,554 29,230 29,119 28,235 28,829 27,093 Current assets Ford Credit finance receivables, net Net investment in operating leases Net property Equity in net assets of affiliated companies Deferred income taxes 36,469 36,178 35,327 32,072 30,163 2,519 3,085 3,304 2,709 10,412 3,224 11,509 11,863 10,973 9,705 Other assets 10,706 7,929 5,656 4,795 Non-current assets 144,490 258,537 141,891 256,540 8,104 141,906 257,808 129,490 237,951 122,338 224,925 Total assets Balance Sheet Assets Balance Sheet Liabilities Equity Income Statement Complncome Cash FlowStatement Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 20,673 21,520 23,282 21,296 20,272 Payables Dealer and dealers' customer allowances and claims 13,113 11,369 10,902 9,542 8,122 Deferred revenue 2,091 2,095 2,107 3,866 4,675 1,857 1,755 1,661 1,469 1,562 Employee benefit plans Accrued interest 1,128 988 1,057 974 840 OPEB 332 339 348 349 354 Pension 185 204 229 247 249 Current operating lease liabilities 367 Other 3,914 3,806 3,393 2,869 3,287 22,987 20,556 19,697 19,316 19,089 1,445 2,314 3,356 2,685 1,779 Current other liabilities and deferred revenue Automotive debt payable within one year Ford Credit debt payable within one year Other debt payable within one year Liabilities held for sale 52,371 51,179 48,265 46,984 41,196 130 526 Arran ANA -HL.. Balance Sheet Assets Balance Sheet Liabilities Equity Income Statement Complncome Cash FlowStatement A B C D E F Current liabilities 98,132 95,569 82,336 1 Pension 90,281 10,150 9,878 94,600 9,932 5,821 9,423 9,543 2. OPEB 5,740 5,516 5,347 5,220 2,497 3 Dealer and dealers' customer allowances and claims 1,921 2,471 2,564 2,731 4 Deferred revenue 3,985 3,829 3,687 3,285 5 6 4,191 1,047 1,104 1,443 25,324 1,080 1,139 1,063 7 1,383 1,519 1,415 1,041 1,510 23,457 8 Non-current operating lease liabilities Employee benefit plans Other Non-current other liabilities and deferred revenue Automotive long-term debt payable after one year Ford Credit long-term debt payable after one year Other long-term debt payable after one year Deferred income taxes 23,588 24,395 13,222 9 13,233 24,711 12,575 89,492 11,233 88,887 11,060 FO 87,658 80,079 78,819 31 470 600 599 52 490 597 815 691 502 33 Non-current liabilities 127,175 118,387 124,905 220,474 128,192 222,792 113,838 196,174 14 Total liabilities 225,307 208,668 no nc Pada mahla controllonintarot BalanceSheet Assets BalanceSheet Liabilities Equity Income Statement Complncome Cash FlowStatement D B E F A Other long-term debt payable after one year 470 600 599 Deferred income taxes 490 597 815 691 502 118,387 208,668 113,838 196,174 96 94 40 40 1 1 1 21,630 21,421 Non-current liabilities 127,175 124,905 128,192 Total liabilities 225,307 220,474 222,792 Redeemable noncontrolling interest 100 98 5 Common Stock, par value $.01 per share 40 40 40 7 Class B Stock, par value $.01 per share 1 1 8 Capital in excess of par value of stock 22,165 22,006 21,843 9 Retained earnings 20,320 22,668 21,218 40 Accumulated other comprehensive loss (7,728) (7,366) (6,959) 41 Treasury stock (1,613) (1,417) (1,253) 42 Equity attributable to Ford Motor Company 33,185 35,932 34,890 43 Equity attributable to noncontrolling interests 45 34 28 44 Total equity 33,230 35,966 34,918 45 Total liabilities and equity 258,537 256,540 257,808 46 Based on:10-K (fillng date: 2020-02-05),10-K (filing date: 2019-02-21) 10-K (filing date: 2018-02-08),10-K (Filing date: 2017-02-09),10-K (Filing date: 2016-02-11). 15,634 (7,013) (1,122) 29,170 14,414 (6,257) (977) 28,642 17 15 29,187 28,657 224,925 237,951 E Balance Sheet Assets Balance Sheet Liabilities Equity Income Statement Complncome Cash FlowStatement A B E G 1 D 12 months ended: Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 143,599 148,294 145,653 141,546 140,566 Automotive revenues Cost of sales (134,693) (136,269) (131,332) (126,183) (124,446) Gross profit 8,906 12,025 14,321 15,363 16,120 Ford Credit revenues 12,260 12,018 11,113 10,253 8,992 41 26 (11,403) 10 (11,527) 1 (10,972) (11,161) (10,763) Mobility revenues Selling, administrative, and other expenses Ford Credit interest, operating, and other expenses 2 (9,472) (9,463) (9,104) (8,904) (7,368) 73 Operating income 574 3,203 4,813 5,741 6,981 14 Interest expense on Automotive debt (963) (1,171) (1,133) (894) (773) 15 Interest expense on Other debt (57) (57) 16 (1,020) (1,228) (1,133) (894) (773) Interest expense Net periodic pension and OPEB income Icoctl evcluding cervica cnct 11211 786 1757 (162511 AAA E Balance Sheet Assets BalanceSheet Liabilities Equity Income Statement Complncome Cash FlowStatement A B D E F G (1,020) (1,228) (1,133) (894) (773) Interest expense Net penodic pension and OPEB income (cost), excluding service cost (1,602) 786 1,757 (1,625) 666 Investment-related interest income 809 667 459 291 309 (29) 33 2 3 3 Interest income (expense) on income taxes Realized and unrealized gains (losses) on cash equivalents, marketable securities, and other investments Gains (losses) on changes in investments in affiliates 144 115 (23) N 46 20 42 14 139 42 Gains (losses) on extinguishment of debt (55) 1 Royalty income 381 491 678 714 666 4 Insurance premiums earned 156 133 5 Other 106 113 380 489 360 26 Other income (loss), net (226) 2,247 3,267 169 2,226 - E BalanceSheet Assets Balance Sheet Liabilities Equity Income Statement Complncome Cash FlowStatement Workbook Statistics B C D F m affiliates 20 42 14 139 42 Gains (losses) on extinguishment of debt (55) 1 = Royalty income 381 491 678 714 666 4 Insurance premiums earned 156 133 5 Other 106 113 380 489 360 6 Other income (loss), net (226) 2,247 3,267 169 2,226 27 Equity in net income of affiliated companies 32 123 1,201 1,780 1,818 28 Income (loss) before income taxes (640) 4,345 8,148 6,796 10,252 29 (Provision for) benefit from income taxes 724 (650) (520) (2,189) (2.881) 30 84 3,695 7,628 4,607 7,371 31 Net income (Income) loss attributable to noncontrolling interests Net income attributable to Ford Motor Company (37) (18) (26) (11) 2. 32 47 3,677 7,602 4,596 7,373 Balance Sheet Assets BalanceSheet Liabilities Equity Income Statement Complncome Cash FlowStatement B D 12 months ended: Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Vet income 84 3,695 7,628 4,607 7,371 Foreign currency translation 174 (523) 314 (1,024) (1,132) Marketable securities 130 (11) (34) (8) (6) Derivative instruments (689) 183 (265) 219 227 Pension and other postretirement benefits 23 (56) 37 56 (81) Other comprehensive income (loss), net of tax (362) (407) 52 (757) (992) (278) 3,288 7,680 3,850 6,379 Comprehensive income (loss) Comprehensive (income) loss attributable to noncontrolling interests Comprehensive income (loss) attributable to Ford Motor Company (37) (18) (24) (10) 2. (315) 3,270 7,656 3,840 6,381 III Balance Sheet Assets BalanceSheet Liabilities Equity Income Statement Complncome Cash FlowStatement Dec 31, 2019 84 9,689 (1,199) 804 Dec 31, 2018 3,695 9,280 (972) Dec 31, 2017 7,628 9,122 (669) Dec 31, 2016 4,607 9,023 (306) Dec 31, 2015 7,371 7,993 (27) 413 609 717 672 418 2,625 400 12 months ended: Net income Depreciation and tooling amortization Other amortization Held-for-sale impairment charges Provision for credit and insurance losses Pension and other postretirement employee benefits (OPEB) expense (income) Equity investment (earnings) losses in excess of dividends received Foreign currency adjustments Net (gain) loss on changes in investments in affiliates Stock compensation Provision for deferred income taxes (Increase) decrease in finance receivables (wholesale and other) (608) 2,667 511 203 206 (54) (29) 228 (1,370) 529 (42) 191 (197) 240 (403) (7) 246 (232) (178) 283 (139) 210 1,478 (333) 710 (42) 199 2,120 1,554 (2,408) (836) (1,449) (5,090) (Increase) decrease in accounts receivable and other assets (Increase) decrease in inventory (816) 206 (2,239) (828) (2,297) (959) (2,855) (815) (3,563) (1,155) U...----- LI Balance Sheet Assets BalanceSheet Liabilities Equity Income Statement Complncome Cash FlowStatement A B D E F 206 (828) (959) (815) (1,155) (Increase) decrease in inventory Increase (decrease) in accounts payable and accrued and other liabilities Cash changes in operating assets and liabilities Other Net cash provided by operating activities Capital spending Acquisitions of finance receivables and operating leases Collections of finance receivables and operating leases Purchases of marketable securities and other investments Sales and maturities of marketable and other investments Settlements of derivatives Other .1 Net cash used in investing activities $2 Cash payments for dividends and dividend equivalents Purchases of common stock 34 Net changes in short-term debt Proceeds from issuance of long-term debt 36 Principal payments on long-term debt 5,260 6,204 41 17,639 (7,632) (55,576) 50,182 (17,472) 16,929 (114) (38) (13,721) (2,389) (237) (1,384) 47,604 (46,497) 6,781 1,306 17 15,022 (7,785) (62,924) 50,880 (17,140) 20,527 358 (177) (16,261) (2,905) (164) (2,819) 50,130 (44,172) 6,089 1,997 65 18,096 (7,049) (59,354) 44,641 (27,567) 29,898 100 (61) (19,392) (2,584) (131) 1,229 45,801 (40,770) 6,595 1,476 (1) 19,792 (6,992) (56,007) 38,834 (31,428) 29,354 825 7,758 (2,050) (700) 16,170 (7,196) (57,217) 38,130 (41,279) 40,766 134 500 (26,162) (2,380) (129) 1,646 48,860 (33,358) 3 62 0 33 (25,352) (3,376) (145) 3,864 45,961 (38,797) 35 E Balance Sheet Assets BalanceSheet Liabilities Equity Cash FlowStatement Income Statement Complncome F A B vCTICI Sales and maturities of marketable and other investments Settlements of derivatives Other Net cash used in Investing activities Cash payments for dividends and dividend equivalents Purchases of common stock Net changes in short-term debt Proceeds from issuance of long-term debt Principal payments on long-term debt Other Net cash provided by (used in) financing activities Effect of exchange rate changes on cash, cash equivalents, and restricted cash Net increase (decrease) in cash, cash equivalents, and restricted cash Cash, cash equivalents, and restricted cash at beginning of period 16,929 (114) (38) (13,721) (2,389) (237) (1,384) 47,604 (46,497) (226) (3,129) C TITT 20,527 358 (177) (16,261) (2,905) (164) (2,819) 50,130 (44,172) (192) (122) D TZTJUT 29,898 100 (61) (19,392) (2,584) (131) 1,229 45,801 (40,770) (151) 3,394 E PIZOJ 29,354 825 62 (25,352) (3,376) (145) 3,864 45,961 (38,797) (49) 7,458 40,766 134 500 (26,162) (2,380) (129) 1,646 48,860 (33,358) (317) 14,322 45 (370) 489 (265) (815) 834 (1,731) 2,587 1,633 3,515 16,907 18,638 15,905 14,272 10,757 Cash, cash equivalents, and restricted cash at end of period 17,741 16,907 18,492 15,905 14,272 Balance Sheet Assets BalanceSheet Liabilities Equity Income Statement Complncome Cash FlowStatement Workbook Statistics Calculate the following ratios Long-term debt to long-term capital ratio Long-term debt to shareholders' equity ratio Interest coverage ratio Operating cash flow to total liabilities ratio

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Step: 3

blur-text-image

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

Applying IFRS Standards

Authors: Ruth Picker, Kerry Clark, John Dunn, David Kolitz, Gilad Livne, Jance Loftus, Leo Van Der Tas

4th Edition

1119159229, 9781119159223

More Books

Students also viewed these Accounting questions

Question

3. Put a rotating monitor in charge of equipment or materials.

Answered: 1 week ago