On November 9, 1991, the Home News of central New Jersey used the bar chart given in the accompanying figure to show quarterly net income or losses for both Ford and GM.

(a) Comment on the possible implications of this bar chart.

(b) If you were a stock broker, would you recommend that your client buy either Ford’s or GM’s stock now?

Transcribed Image Text:

-1,000 500 0 --500 Ford 506.0 --1,000--884.0 1,000 -$574.4 500 0 -1,000 |1 | III IV I II I -1,500 1990 1991 -2,000 General Motors -500- 710.0 -$1,100.0 -1,617.0 -1.978.8 I II III IV I II III 1990 1991