Question: 1. Chose either Ford or GM and prepare a table that includes a common-size balance sheet for the company for the two years presented. Summarize

1. Chose either Ford or GM and prepare a table that includes a common-size balance sheet for the company for the two years presented. Summarize categories as it is practical.

2. Compare the company's balance sheet data in the table prepared in question 1 and answer the following questions:

a. Describe any significant changes for assets, liabilities, and stockholders equity for the two years of comparison for both companies.

b. What do you believe are the causal factors for these changes?

3. Based on your work in 1 and 2 along with your analysis of the 10k reports and any other relevant financial, economic or industry information, what do you believe are the prospective financial implications for each company, and their position as industry competitors? Provide specifics, using ratios and analysis. Support your arguments with reasoning.

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