Question: 4. What could explain the changes from one year to another for each account selected in question number 2 (question and answer located in the

4. What could explain the changes from one year to another for each account selected in question number 2 (question and answer located in the picture below)? Your answer explains the why it changed, not how much it changed. Your reasons must be supported by data provided in the companys annual report.

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4. What could explain the changes from one year to another for

che income statement to mpport anou reason? Ford Hotor Compeny ret incoma in 2021: 17, 937,007,003 Ford Molor Compsny rel incerre in 2020: {1,279,000,000} Furd Muler Co. bouked $17.9 tilicri in prefit on $138.3 biliun in reveriue in 2021, the Deartorn autemaker reported That compares to a $1.3 bilian Ices cn $127.1 ailian in revenue in 2020. Net hoome sttributable to Fond wes amost 18 tilion U.S. Collers in 2021, afler the toonrward trend which led to a nel lass ir 2020 . Furd eamed $17.9 tilien in 2021, a rebaund fram a kass in 2020 . It was helped by a $9.1 bilion gain in the valus of its stakn in Rhyiag a maker of nalactrc trucks. Buian completed an ritblel public offering in the fal and its stock surmed efter it began tracing. The mein caube of lose in 2020 ls The pendemic. In 2020 yeer marred by coronevinusdampened sales and historic production dieruplions, Ford Moler Co. Looked its first fulynar Inas sinco tha Grant Rocression in 21XCL - ard prodimind morn handwiveds to mome because of a globel microchip ahotege now aithe its most prontable vehiclas. Ford hotor said on that it mede a heffy profit in 2021 because of a big gan on its holdire in a lledgling elecinic-oenicle maker arid higher production in the second hal of lest year. The ainomaker alen said the ghortega of computer chips thet slowed vericla production In 2020 w8s e98ing in 2021. Nat ircome ettrtutatie to Ford was elmost 18 bilian U.S, dolars in Z0Z1, atter the dontrward trend whica led to a net loes in 2020 . Amid the outbresk of the coronsvinus panciomia in the company's largest marknts, Fort's rescenue contracted by 22 perannt end feil to 127 bilion U.S. dellars in 2020 . The automeker's net income for the fourth cuarter of 2021 soared to a whopaing $12.3 bilfon sfef $2.3 billori lass in the same quarter of 2020 . The reason we sey this mey have come es a surprise is that most el,tomelearg ere atrugaing due to the aftemath of the COVID-19 perndemic, 98 wel as the related and times. It somahow beat the codts, et least es far es not profis Were concemed. The reason Ford was ebe to secure such en uptick in ret income comas down to ha Ford's reported proft includes a messive $82 tilion gein on its Fided irvestment. As tar as anjushed nirge are onrommed, Ford raported $2 hilian, axcluding taxas and interest. This sbll merks \& 19 percert meeesa for Q4 2021 ompared to 04 2020. Ford sigo reported net income for 2021 as s yeble atjod came in at $17.9 bilion. For comparisom, in 2020 , Ford rejurled a \$1.3 bilfon kuss. That sad, hutomolive News notes that whila Fond 2 202l earaings ahowed a $7, billion pront in North America, the brand lost money in neerly every other aree. Despile some posidie news, Fond stock showod an after-haurs drop, atich company CFO dchn Laador says is alkdy due to WNall Streef's upeat cher low volumes. Ha ghered thet some inwestors exaected Ford to tare "emcran and sonixanduatar shartagos

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