View the 2015 Annual Report for the Ford Motor Company (download the PDF of the Annual Form 10-K report from the website), a Fortune 50 company. Using this report, answer the following questions:http://corporate.ford.com/investors/reports-and-filings/annual-reports.html#/undefined

Does the company use a multiple-step or a single-step format on its income statement? Explain.

What was the net income for 2015? What was the basic net income (earnings) per common share for 2015?

What was the gross profit for 2015? For 2014?

How much interest expense was incurred in 2015? In 2014?

What was the amount of income before income taxes for 2015? For 2014?

What was the amount of selling, general, and administrative expenses in 2015? Of this amount, what was the amount for stock-based compensation expense?

What amount of dividends on common stock was paid per share and in total in 2015?

What were the total revenues and income before income taxes, respectively, for the fourth quarter of 2015?

How much was the net cash provided (or used) by operating activities in 2015? In 2014?

How much was the net cash provided (or used) by investing activities in 2015? In 2014?

Answer rating: 100% (QA)

A single step income statement separates operating and non oper ating activities while a multiple st... View the full answer