visteon corporation financial analysis. based on the following income ans balance sheet answer the following questions.

Income statement Facal yeat is January-December All values USO MBlons 2018 2017 2016 2015 2014 5-year trend Sales/Revenue 2964 1146 3351 3245 7509 Sales Growth 515% 047% -259% -5679% Cost of Goods Sold (COGS) inet 06A 2290 2398 2407 2526 6,285 COGS excluding DEA 2199 2311 2,323 2441 601s Depreciation & Amortization Expense 91 87 84 85 270 Depreciation 76 74 60 66 218 Amartization of intangibles 15 13 15 19 52 COGS Growth 450% a37% 50a% 471% Gross income 694 748 754 719 t224 Gress Income Growth 222% 080% 487% -4126% Gross Profit Margin 2326 SG4A Expense 489 479 514 539 823 Research & Development 286 253 295 294 446 other SG&A 203 226 219 245 377 SGA Growth 209% -681% -464% -345T% Other Operating Expense EBIT 205 239 180 393 Unusual Expense 17 12 46 140 Non Operating Incame/Expense 21 26) 20) 21 Non-Operating Interest income 7 Equity in Affiates (Pretax) 13 7 2 Interest Expense 13 20 20 19 37 Interest Expense Growth 35.00% a00% 526% 4865% Gress interest Expense 13 20 20 19 37 Pretas income 216 223 161 69 Pretax Income Growth 334% 38ST% 133 7A56% Pretax Margin 724% Income Tax 43 48 30 27 Income Tax-Carrent Domestic C18) Income Tax-Curent Foreign 42 42 54 71 137 Income Ta- Deferred Domestic 26) Income Ta- Deferred Foreign (13) Conselidated Net income 173 175 131 42 117 Minority Interest Expense 10 16 16 20 105 Net income 163 159 115 22 32 Net income Growth 2525 38.26% 42273% Net Margin 546% Extraordinaries & Discontinued Operations 17 (40) 2262 027) Extratems&Gain/Loss Sale OF Assets 17 Discontinued Operations (40) 2262 27) Net Income After Extraerdinaries 162 142 155 (2240) Net Income Avalable to Common 160 159 75 2.284 295) EPS (Basio 552 547 212 5243 (6.25) EPS asi Growth 15782% 9597% 942.0% Basic Shares Outstanding 30 32 35 42 EPS (Ded) 552 547 212 06.25) EPS Duted Gr 15299% 95.97% 94203% Duted Shares Outstanding 30 32 35 43 EBITDA 296 356 323 EBITDA Grewth 1685% 10.22% EBITDA Margin 192% EBIT 205 239 180 Normal No Spacing Hea Balance sheet Assets Facl inary December Allvaus UsO Mon 2018 2017 204 205 2014 Syear trend Cash& Short Term investments 467 709 82 2783 Cash Only 709 82 27 Short Tem investments 47 Cash&Short Termivestments Growth 3413% 23490 Cash&ST investments/Total Assets 2327% 3077% 4 Total Accunts Receivable 52 622 992 Accounts Recevables Net 4 553 s3 s23 Acceunts Receivables Gress s04 ed Deb/DouM Accunts 00 Oer Recaivables 83 49 Accunts Recevable Growth 0.80% 482% 3730% Accuns Recevable Turnaver 534 48 508 127 479 ntars 187 S7 Finished Geods 44 122 Workin Pgrss 26 24 184 aw Mateas 124 23 Pogress Pymnts &Othe her Caent Aets 64 199 Mace Cumt Assets 4 1 Tetal Cava Ass tsa 4053 Nt Properts Pat& ent 377 345 351 1440 Property Pant & ent 200 646 555 s2 Bdings 64 Land&mprvements 1 Machnery&Emant 421 401 Cantion in Progres 54 Oer reperty Plant&Equipme 24 24 19 14 Acated Deprecition 309 24 zno Tat estmets and Advnces 45 LT nt-amate Compan Leng Term Nu Revable 42 45 intangle Assets 32 29 at Gondw 40 Nt thr ntanghle 305 Other Aats 45. Tanghle Cher Ass 29 22 otal Asets 2007 2304 Assets TtlGrawth Asset Tunoer Ratu O Averge Assats BBT # 5B 1 Normal No Spacing Heading Laes&Sharehoder Equty Allvales USD Mn 20 2017 2016 2015 2014 Symrtrand ST Debt&Current Portion LT Debt 46 36 37 142 Short Term Debt 33 34 T32 Current Portion of Long Term Deb - 3 10 Accounts Payable 436 470 482 Accounts Payable Growth 2 15 194 5936% Income Tax Pyeble 12 22 63 24 other Carrent Liabes 213 273 390 2190 Dividends Payable 17 20 Accued Payrol 67 Iun 124 Miscellanous Cument Liabities 43 151 307 306 Total Current Liabtes 801 272 Curent Ratio 180 200 180 146 171 Qu Ratio 154 177 171 142 Cash Ratio 065 100 045 Long-Term Debt 348 347 346 347 839 Long-Term Debt ecl Capitaliced Leases 348 347 346 347 823 Non-Convertible Debt 348 347 346 347 823 Capitalized Lease Obligations 16 Provision for Risks&Charges 282 312 339 315 672 Deferred Taes (22 C23 C3 80 Deferred Taes-Credit 23 23 20 21 120 Deferred Taxes-Debit 45 46 48 34 40 Other Liabilities 51 60 33 28 Other Liabilities (wct Defermed Income) 37 44 15 13 Defered income 14 16 21 Tal Liabities 425 1543 1649 3483 3502 Total Liabities/Tetal Assets 7100% 6697% 69.49% 7439 65795 Comman Equity (Teta 465 437 586 1057 65 Common Stock PaCary Value 1 1 1 Addtional Paid-in Capita/Capital Surplus 335 1327 345 1246 Retained Eanings 1409 1445 194 66 Camulative Transiation Adjustment/unrealized For Exch Gain 042 (155) (130 Other Appropriated Reserves 74) Treasury Stock 22640 CU C974) 747) Cemmon Eouity/Total Assets 2317% 2765% 2469% 2258% 1625% Total Shareholders Equity 465 637 s86 1057 Total Shareholders Equity/Total Assets 2317% 2745% 2258% 2469% 625% 1609 1445 1269 1194 Cumulative Translation Adjustment/Unrealized For Exch Gain (142 (100) (153) 155) Other Appropriated Reserves (04) 04) (80) (35) (158) Treasury Stock (2264) 1974) (78) 129 (747) Common Equity/Total Assets 2317% 2765% 24.69% 22.58% 1625% Total Shareholders' Equity 465 637 586 t057 865 Total Shareholders' Equity/Total Assets 2317% 2765% 2258% 2469% 1625% Accumulated Minority interest 17 124 138 142 956 Tetal Equity 582 761 724 1821 Labilities&Shareholders' Equity 2007 2304 2,373 4682 5323 F5 F6 F7 F8 F9 % & 5 7 In your opinion, are the results of this merchandising analysis good or bad? Please briefly explain your opinion. Refer to your balance sheet, and evaluate your company's ability to pay its debts. In your opinion, are the results of your debt analysis good or bad? Please briefly explain your opinion. Refer to your income statement, and dividends paid. In your opinion, does your company's dividend history make the stock attractive to stockholders? Please briefly explain your opinion. Based on your analysis, would recommend investing in your company? Explain your answer. Page 1 of 4 Income statement Facal yeat is January-December All values USO MBlons 2018 2017 2016 2015 2014 5-year trend Sales/Revenue 2964 1146 3351 3245 7509 Sales Growth 515% 047% -259% -5679% Cost of Goods Sold (COGS) inet 06A 2290 2398 2407 2526 6,285 COGS excluding DEA 2199 2311 2,323 2441 601s Depreciation & Amortization Expense 91 87 84 85 270 Depreciation 76 74 60 66 218 Amartization of intangibles 15 13 15 19 52 COGS Growth 450% a37% 50a% 471% Gross income 694 748 754 719 t224 Gress Income Growth 222% 080% 487% -4126% Gross Profit Margin 2326 SG4A Expense 489 479 514 539 823 Research & Development 286 253 295 294 446 other SG&A 203 226 219 245 377 SGA Growth 209% -681% -464% -345T% Other Operating Expense EBIT 205 239 180 393 Unusual Expense 17 12 46 140 Non Operating Incame/Expense 21 26) 20) 21 Non-Operating Interest income 7 Equity in Affiates (Pretax) 13 7 2 Interest Expense 13 20 20 19 37 Interest Expense Growth 35.00% a00% 526% 4865% Gress interest Expense 13 20 20 19 37 Pretas income 216 223 161 69 Pretax Income Growth 334% 38ST% 133 7A56% Pretax Margin 724% Income Tax 43 48 30 27 Income Tax-Carrent Domestic C18) Income Tax-Curent Foreign 42 42 54 71 137 Income Ta- Deferred Domestic 26) Income Ta- Deferred Foreign (13) Conselidated Net income 173 175 131 42 117 Minority Interest Expense 10 16 16 20 105 Net income 163 159 115 22 32 Net income Growth 2525 38.26% 42273% Net Margin 546% Extraordinaries & Discontinued Operations 17 (40) 2262 027) Extratems&Gain/Loss Sale OF Assets 17 Discontinued Operations (40) 2262 27) Net Income After Extraerdinaries 162 142 155 (2240) Net Income Avalable to Common 160 159 75 2.284 295) EPS (Basio 552 547 212 5243 (6.25) EPS asi Growth 15782% 9597% 942.0% Basic Shares Outstanding 30 32 35 42 EPS (Ded) 552 547 212 06.25) EPS Duted Gr 15299% 95.97% 94203% Duted Shares Outstanding 30 32 35 43 EBITDA 296 356 323 EBITDA Grewth 1685% 10.22% EBITDA Margin 192% EBIT 205 239 180 Normal No Spacing Hea Balance sheet Assets Facl inary December Allvaus UsO Mon 2018 2017 204 205 2014 Syear trend Cash& Short Term investments 467 709 82 2783 Cash Only 709 82 27 Short Tem investments 47 Cash&Short Termivestments Growth 3413% 23490 Cash&ST investments/Total Assets 2327% 3077% 4 Total Accunts Receivable 52 622 992 Accounts Recevables Net 4 553 s3 s23 Acceunts Receivables Gress s04 ed Deb/DouM Accunts 00 Oer Recaivables 83 49 Accunts Recevable Growth 0.80% 482% 3730% Accuns Recevable Turnaver 534 48 508 127 479 ntars 187 S7 Finished Geods 44 122 Workin Pgrss 26 24 184 aw Mateas 124 23 Pogress Pymnts &Othe her Caent Aets 64 199 Mace Cumt Assets 4 1 Tetal Cava Ass tsa 4053 Nt Properts Pat& ent 377 345 351 1440 Property Pant & ent 200 646 555 s2 Bdings 64 Land&mprvements 1 Machnery&Emant 421 401 Cantion in Progres 54 Oer reperty Plant&Equipme 24 24 19 14 Acated Deprecition 309 24 zno Tat estmets and Advnces 45 LT nt-amate Compan Leng Term Nu Revable 42 45 intangle Assets 32 29 at Gondw 40 Nt thr ntanghle 305 Other Aats 45. Tanghle Cher Ass 29 22 otal Asets 2007 2304 Assets TtlGrawth Asset Tunoer Ratu O Averge Assats BBT # 5B 1 Normal No Spacing Heading Laes&Sharehoder Equty Allvales USD Mn 20 2017 2016 2015 2014 Symrtrand ST Debt&Current Portion LT Debt 46 36 37 142 Short Term Debt 33 34 T32 Current Portion of Long Term Deb - 3 10 Accounts Payable 436 470 482 Accounts Payable Growth 2 15 194 5936% Income Tax Pyeble 12 22 63 24 other Carrent Liabes 213 273 390 2190 Dividends Payable 17 20 Accued Payrol 67 Iun 124 Miscellanous Cument Liabities 43 151 307 306 Total Current Liabtes 801 272 Curent Ratio 180 200 180 146 171 Qu Ratio 154 177 171 142 Cash Ratio 065 100 045 Long-Term Debt 348 347 346 347 839 Long-Term Debt ecl Capitaliced Leases 348 347 346 347 823 Non-Convertible Debt 348 347 346 347 823 Capitalized Lease Obligations 16 Provision for Risks&Charges 282 312 339 315 672 Deferred Taes (22 C23 C3 80 Deferred Taes-Credit 23 23 20 21 120 Deferred Taxes-Debit 45 46 48 34 40 Other Liabilities 51 60 33 28 Other Liabilities (wct Defermed Income) 37 44 15 13 Defered income 14 16 21 Tal Liabities 425 1543 1649 3483 3502 Total Liabities/Tetal Assets 7100% 6697% 69.49% 7439 65795 Comman Equity (Teta 465 437 586 1057 65 Common Stock PaCary Value 1 1 1 Addtional Paid-in Capita/Capital Surplus 335 1327 345 1246 Retained Eanings 1409 1445 194 66 Camulative Transiation Adjustment/unrealized For Exch Gain 042 (155) (130 Other Appropriated Reserves 74) Treasury Stock 22640 CU C974) 747) Cemmon Eouity/Total Assets 2317% 2765% 2469% 2258% 1625% Total Shareholders Equity 465 637 s86 1057 Total Shareholders Equity/Total Assets 2317% 2745% 2258% 2469% 625% 1609 1445 1269 1194 Cumulative Translation Adjustment/Unrealized For Exch Gain (142 (100) (153) 155) Other Appropriated Reserves (04) 04) (80) (35) (158) Treasury Stock (2264) 1974) (78) 129 (747) Common Equity/Total Assets 2317% 2765% 24.69% 22.58% 1625% Total Shareholders' Equity 465 637 586 t057 865 Total Shareholders' Equity/Total Assets 2317% 2765% 2258% 2469% 1625% Accumulated Minority interest 17 124 138 142 956 Tetal Equity 582 761 724 1821 Labilities&Shareholders' Equity 2007 2304 2,373 4682 5323 F5 F6 F7 F8 F9 % & 5 7 In your opinion, are the results of this merchandising analysis good or bad? Please briefly explain your opinion. Refer to your balance sheet, and evaluate your company's ability to pay its debts. In your opinion, are the results of your debt analysis good or bad? Please briefly explain your opinion. Refer to your income statement, and dividends paid. In your opinion, does your company's dividend history make the stock attractive to stockholders? Please briefly explain your opinion. Based on your analysis, would recommend investing in your company? Explain your answer. Page 1 of 4