The following data is obtained from the recent financial statements for two U. S. auto makers. Required

Question:

The following data is obtained from the recent financial statements for two U. S. auto makers.

Required
1. Calculate and interpret total productivity in millions for the two automakers. Assume that total variable manufacturing costs is 80 percent of cost of goods sold for each automaker.
2. Go to the Internet websites for these companies and look under investor information to find the financial statements for each company. Review the sections on management's discussion and analysis and related financial statements and footnotes and find the market size and market share information provided by these firms:
Ford: www.ford.com
GM: www.gm.com

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...