The consolidated statement of income for Ford Motor Company appears below. Net income/(loss) attributable to ford motor

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The consolidated statement of income for Ford Motor Company appears below.
The consolidated statement of income for Ford Motor Company appears

Net income/(loss) attributable to ford motor company

The consolidated statement of income for Ford Motor Company appears

Amounts per share attributable to ford motor company common and class B stock

The consolidated statement of income for Ford Motor Company appears

1. What do you notice about the way revenues and expenses are partitioned?
2. For the Automotive division, compute the ratio (Cost of sales/Sales) for each of the three years presented. Interpret the results.
3. Look at the operating results for the automotive division. Is there any good news for Ford in these results?
4. Depreciation expense is reported by the Financial Services division but not by the automotive division. Explain why this is so.
5. Which of the company's two divisions seems to be performing better over time?
6. Is Ford a car company that finances autos or a finance company that makes cars?

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Intermediate Accounting

ISBN: 978-1133957911

19th edition

Authors: Earl K. Stice, James D. Stice

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