Ford Motor Company, one of the worlds largest automakers, reports the following income statement accounts for the
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Ford Motor Company, one of the world’s largest automakers, reports the following income statement accounts for the year ended December 31 ($ in millions). Use this information to prepare Ford’s income statement for the year ended December 31.
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$ 12,196 126,584 Revenues. Other expenses.. Selling and administrative costs Cost of sales.. $151,800 8,413
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