Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Summary income statements for overall operations are presented for Ford below. Calculate the liquidity ratio for Ford in the table below and show calculations. Rate

Summary income statements for overall operations are presented for Ford below.

image text in transcribed

Calculate the liquidity ratio for Ford in the table below and show calculations. Rate each company with 10 being the best. Rating can be based on a combination of things such as current ratio and market averages.

image text in transcribed

Income Statement (in millions) Ford Ford Fiscal Year Revenue COGS Gross Profit SG & A 12/31/2001 12/31/2000 $162,412$170,064 125.706 140.499 29.565 11,847 10,902 2,705 3.467 36,706 13.602 10,848 (2.151 5.453) Interest E ax Net Income Balance Sheet (in millions) Ford of Fiscal Year Cash & Marketable Securities Receivables. Trade Net Inventories Total Current Assets Total Fixed Assets Total Assets Total Current Liabilities Total Liabilities 12/31/2001 12/31/2000 $7,218 S4,851 3.152 6,191 7514 6,272 36,26039.310 37,508 276.543 284.421 44,546 43,327 268.757 265.811 18,610 33,121 Total E 7,786 Cash Flow Statement (in millions) Ford Ford Fiscal Year 12/31/2001 12/31/2000 $22,764 S33,764 Cash Flow from ations Cash Flow from Investin Cash Flow from Fin 17,169 2,976 9,867 8,521)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions