YUU Only get 3 attempts at this problem. There is no similar problem to rework. Please FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET (in millions) December 31, December 31, 2017 15.905 $ 22,922 46.266 11,102 8.898 3.368 104.461 49.924 28,829 32,072 3,304 TOS 5,656 237,8513 18.482 20.435 52.210 10,599 10.277 3.889 115.902 56,182 28,235 35,127 3,085 10.573 $ ASSETS Cash and cash equivalents (Note ) Marketable securities (Note 9) Financial Services finance receivables.net (Note 10) Trade and other receivables, less allowances of $392 and $412 Inventories (Note 12) Other assets Total current assets Financial Services finance receivables, net (Note 10) Net investment in operating leases (Note 13) Net property (Note 14) Equity in net assets of affiliated companies Note 15) Deferred income taxes (Note 7) Other assets Total assets LIABILITIES Payables Other liabilities and deferred revenue (Note 16) Automotive debt payable within one year (Note 18) Financial Services debt payable within one year (Note 18 Total current liabilities Other fiabilities and deterred revenue (Note 16) Automotive long-term debt (Note 18) Financial Services long-term debt (Note 18) Deferred income taxes (Note 7) Total liabilities Redeemable no controlling interest (Note 20) EQUITY Common Stock, par value 8.01 per share (3,987 milion shares issued of 6 billion authorized Class B Stock, per value 5.01 per share (71 million shares issued of 530 million authorized) Capital in excess of par value of stock Retained earnings Accumulated other comprehensive income one) (Note 21) Treasury stock Total equity attributable to Ford Motor Company Equity attributable to noncontrolling interest Total equilty Total liabilities and equity 21.29 19.316 2685 46.984 SO 281 23.282 19.697 350 48,265 BOO 24,395 13.222 80.079 891 206.668 24.711 12,575 20.091 815 21.843 21.210 21 NO 15.634 7.013 1122) 29. 170 34000 Treasury stock Total equity attributable to Ford Motor Company Equity able to encontrolling interest Total equity Total abilities and equity 237 951 5 GENERAL MOTORS COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS le million, p harem De L. 2016 ASSETS Cera A Cash 15.3125 12,5 700 A trofdwef218212 GM Free NVS KIH 20. 10,63 11,440 Ohne ( N N 12 VTE) Cador T ERS NA OMFNV End 1625 (NV) 4,99 N VIE) Total LABILITIES AND EQUITY 3. 2.315 OM VI 1. 1. D R ILE LUMII FORUM JEIT urses/17156/assignments/49275 Settings Imported From Sa... F New folder (54,518 unread) myFSCJ Q under Q CM VE Le 14 GMV . IRE Ford_Balance_Sheet_2017.pdf & @GM Balance Sheet 2017.pdf Please review the above Balance Sheets for General Motors Company and Ford complete the table below by calculating the following ratios for each company using the 12/31/17 numbers? Then, you are asked to determine which company has the better current ratio, debt ratio, and return on total assets ratio. Please round your answers to 2 decimal places. Remember, the debt ratio und retum on assets ratios are percentages. So, if your answer is .0654, then it needs to be entered as 6.54, which is 6.54% Ford General Motors Which is better? Current Ratio Select an answer Debt Ratio Retum on Assets (enter negative Ford_Balance Sheet_2017.pdf&@GM Balance_Sheet_2017.pdf Please review the above Balance Sheets for General Motors Company and Ford complete the table below by cal the following ratios for each company using the 12/31/17 numbers? Then, you are asked to determine which con has the better current ratio, debt ratio, and return on total assets ratio. Please round your answers to 2 decimal places. Remember, the debt ratio and return on assets ratios are percentag So, if your answer is .0654, then it needs to be entered as 6.54, which is 6.54%. Ford General Motors Which is better? Current Ratio Select an answer Debt Ratio Select an answer Return on Assets (enter negative with-sign) Select an answer Current Ratio You'll need to calculate this by taking the 2017 Total Current Assets and dividing it by the Total Current Liabilities. Please round your answer to 2 decimal places. For example, Ford's Current Ratio at the end of 2015 was 2.12. This tells you that they have $2.12 in current assets to every $1 in current liabilities. We usually prefer a ratio of 1.5 or better to 1. This is a measure of the company's ability to pay their short-term debt as they come due. Debt Ratio You'll need to calculate this by taking the 2017 Total Liabilities and dividing it by their 2017 Total Assets. You will then have to move the decimal place to the right 2 places to get a percentage. Please round your answer to 2 decimal places. Which company has the higher Debt Ratio? This tells us how much of a company's assets are financed by debt. This indicates risk. The higher the debt ratio, the higher the risk. YUU Only get 3 attempts at this problem. There is no similar problem to rework. Please FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET (in millions) December 31, December 31, 2017 15.905 $ 22,922 46.266 11,102 8.898 3.368 104.461 49.924 28,829 32,072 3,304 TOS 5,656 237,8513 18.482 20.435 52.210 10,599 10.277 3.889 115.902 56,182 28,235 35,127 3,085 10.573 $ ASSETS Cash and cash equivalents (Note ) Marketable securities (Note 9) Financial Services finance receivables.net (Note 10) Trade and other receivables, less allowances of $392 and $412 Inventories (Note 12) Other assets Total current assets Financial Services finance receivables, net (Note 10) Net investment in operating leases (Note 13) Net property (Note 14) Equity in net assets of affiliated companies Note 15) Deferred income taxes (Note 7) Other assets Total assets LIABILITIES Payables Other liabilities and deferred revenue (Note 16) Automotive debt payable within one year (Note 18) Financial Services debt payable within one year (Note 18 Total current liabilities Other fiabilities and deterred revenue (Note 16) Automotive long-term debt (Note 18) Financial Services long-term debt (Note 18) Deferred income taxes (Note 7) Total liabilities Redeemable no controlling interest (Note 20) EQUITY Common Stock, par value 8.01 per share (3,987 milion shares issued of 6 billion authorized Class B Stock, per value 5.01 per share (71 million shares issued of 530 million authorized) Capital in excess of par value of stock Retained earnings Accumulated other comprehensive income one) (Note 21) Treasury stock Total equity attributable to Ford Motor Company Equity attributable to noncontrolling interest Total equilty Total liabilities and equity 21.29 19.316 2685 46.984 SO 281 23.282 19.697 350 48,265 BOO 24,395 13.222 80.079 891 206.668 24.711 12,575 20.091 815 21.843 21.210 21 NO 15.634 7.013 1122) 29. 170 34000 Treasury stock Total equity attributable to Ford Motor Company Equity able to encontrolling interest Total equity Total abilities and equity 237 951 5 GENERAL MOTORS COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS le million, p harem De L. 2016 ASSETS Cera A Cash 15.3125 12,5 700 A trofdwef218212 GM Free NVS KIH 20. 10,63 11,440 Ohne ( N N 12 VTE) Cador T ERS NA OMFNV End 1625 (NV) 4,99 N VIE) Total LABILITIES AND EQUITY 3. 2.315 OM VI 1. 1. D R ILE LUMII FORUM JEIT urses/17156/assignments/49275 Settings Imported From Sa... F New folder (54,518 unread) myFSCJ Q under Q CM VE Le 14 GMV . IRE Ford_Balance_Sheet_2017.pdf & @GM Balance Sheet 2017.pdf Please review the above Balance Sheets for General Motors Company and Ford complete the table below by calculating the following ratios for each company using the 12/31/17 numbers? Then, you are asked to determine which company has the better current ratio, debt ratio, and return on total assets ratio. Please round your answers to 2 decimal places. Remember, the debt ratio und retum on assets ratios are percentages. So, if your answer is .0654, then it needs to be entered as 6.54, which is 6.54% Ford General Motors Which is better? Current Ratio Select an answer Debt Ratio Retum on Assets (enter negative Ford_Balance Sheet_2017.pdf&@GM Balance_Sheet_2017.pdf Please review the above Balance Sheets for General Motors Company and Ford complete the table below by cal the following ratios for each company using the 12/31/17 numbers? Then, you are asked to determine which con has the better current ratio, debt ratio, and return on total assets ratio. Please round your answers to 2 decimal places. Remember, the debt ratio and return on assets ratios are percentag So, if your answer is .0654, then it needs to be entered as 6.54, which is 6.54%. Ford General Motors Which is better? Current Ratio Select an answer Debt Ratio Select an answer Return on Assets (enter negative with-sign) Select an answer Current Ratio You'll need to calculate this by taking the 2017 Total Current Assets and dividing it by the Total Current Liabilities. Please round your answer to 2 decimal places. For example, Ford's Current Ratio at the end of 2015 was 2.12. This tells you that they have $2.12 in current assets to every $1 in current liabilities. We usually prefer a ratio of 1.5 or better to 1. This is a measure of the company's ability to pay their short-term debt as they come due. Debt Ratio You'll need to calculate this by taking the 2017 Total Liabilities and dividing it by their 2017 Total Assets. You will then have to move the decimal place to the right 2 places to get a percentage. Please round your answer to 2 decimal places. Which company has the higher Debt Ratio? This tells us how much of a company's assets are financed by debt. This indicates risk. The higher the debt ratio, the higher the risk