Please examine the Financial Data and Documents and provide as many details as possible.

Question 2: What areas are Ford's major strengths and weaknesses? How is it performing compared with its competitors?

Question 3: Would you buy more Ford stock, continue to hold current Ford stock, or sell the Ford stock? If you decide to sell, in which other automotive manufactures would you invest?

EXHIBIT 1: BALANCE SHEETS OF FORD, TOYOTA, GENERAL MOTORS, AND HONDA, 2016-2017 Honda In millions of US$ Ford Toyota (except per share) 2017 2016 2017 2016 General Motors 2017 2016 2017 2016 Assets Cash & marketable securities Accounts receivable Inventories Prepaid expenses & other current 10,277 3,889 38,927 38,827 62,809 11,102 8,898 49,634 26,879 26,153 23,825 78,520 83,027 8,164 21,436 18,342 10,663 33,209 34,492 26,092 24,415 18,919 15,126 8,700 23,744 24,468 11,040 12,255 11,673 32,048 3,974 4,211 assets Total current assets 115,902 Net plant, property & equipment 35,327 Investments 31,320 Deferred income taxes 10,973 9,705 0 Other assets Total long-term assets Total assets 108,461 160,044 162,014 32,072 91,511 86,662 36,253 32,603 32,133 175,563 166,799 9,073 8,996 8,601 23,544 33,172 64,286 55,580 12,912 6,497 74,868 70,716 17,120 141,906 129,490 279,986 268,559 143,738 145,487 111,424 106,557 257,808 237,951 440,030 430,573 212,482 221,690 170,316 162,035 68,744 76,203 58,892 55,478 65,627 60,601 27,586 27,396 1,091 1,607 16,953 Liabilities Short-term borrowings & notes payable Accounts payable 48,265 Other current liabilities Total current liabilities Long-term debt Other liabilities Total liabilities 23,282 21,296 53,197 23,053 22,001 10,860 94,600 90,281 155,425 102,666 93,301 88,949 25,611 25,131 33,939 222,877 208,713 278,313 46,984 91,368 85,069 48,570 26,965 23,797 10,440 9,846 23,929 23,333 9,103 8,547 9,823 25,996 38,051 29,228 30,231 143,462 76,890 85,181 48,771 48,624 86,944 47,041 277,447 67,254 51,326 36,758 33,829 33,337 41,347 177,481 177,854 19,247 19,480 104,776 101,933 Shareholders' equity Common equity 41 41 3,567 Retained earnings 21,218 Treasure stock, reserves & other 13,672 15,634 13,563 158,127 23 3,529 149,282 315 14 17,627 17,360 15 773 765 26,168 17,653 60,308 55,060 4,459 4,277 equity Total equity Total liabilities and equity 34,931 29,238 161,717 153,126 257,808 237,951 440,030 430,573 35,001 43,836 65,540 212,482 221,690 170,316 162,035 60,102