Questions for the Financial Statements of Ford Motor Company

  1. What is the company’s fiscal year-end?
  1. What was the company’s Gross Profit on Automotive Sales for each year shown?

201420152016

  1. What was the company’s Gross Profit Margin %onAutomotive Sales for each year shown? Is their performance of operations improving?

201420152016

  1. What was Operating Income (Income from Operations) for each year shown?

201420152016

  1. List all the “Non-Operating” or “Other” Gains and Losses/ Revenues and Expenses reported on the Income Statement. [Remember, these are items listed after “Operating Income”.]
  1. What were Earnings Before Income Taxes for each year shown?

201420152016

  1. What was the company’s Profit Margin % for each year shown?

201420152016

  1. Are there any“Irregular Items” [also called “Non-Recurring Items”] reported on the Income Statement? If so, list them.
  1. What wasBasic [also called “Undiluted”] Earnings Per Share for 2016? [Found at the bottom of the Income Statement.]
  1. How many total shares (Class A and B) are considered Issued and how many shares were in Treasury at December 31, 2016? [See Equity Section of Balance Sheet]

# of Shares Issued# of Shares in Treasury

  1. How many shares must beOutstanding [in the hands of stockholders] at December 31, 2016 – considering what you know from question #10?
  1. Write out [from the book if necessary] the definition of Comprehensive Income.
  1. What is Comprehensive Income[attributable to Ford Motor Co. only]as of December 31, 2016?
  1. Is Comprehensive Income[attributable to Ford Motor Co only] for the year 2016 higher or lower than Net Income reported on the Income Statement?
  1. What was the total of Other Comprehensive Income adjustments[attributable to Ford Motor Co only] for the 2016 fiscal year?
  1. List all the items reported on the Financial Statements that are part of Other Comprehensive Income.
  1. What is the company’s balance in Accumulated Other Comprehensive Income at December 31, 2016?
  1. On which two statements should you be able to find Accumulated Other Comprehensive Income to-date?
  1. Did the company pay Dividends for 2016? If so, how much?
  1. On which two statements should you be able to find the amount of cash Dividends paid for the period?
  1. What is the amount of Cash generated from operations for each year shown?

201420152016

  1. What is the total increase/decrease in Cash for each year shown?

201420152016

  1. In the Investing Activities section of the Statement of Cash Flows, which reported event caused the largest increase of cash flow for the year 2016?

Which reported event in the Investing Activities caused the largest decrease of cash flow for the year 2016?

  1. In the Financing Activities section of the Statement of Cash Flows, which reported event caused the largest increase of cash flow for the year 2016?

Which reported event in the Financing Activities caused the largest decrease of cash flow for the year 2016?

  1. Which major section of the Statement of Cash Flows [Operating, Investing, or Financing] provided the greatestnet cashinflow for 2016?
  1. Which major section of the Statement of Cash Flows [Operating, Investing, or Financing] provided the greatest net cashoutflow for 2016?
  1. Calculate the following ratios for each year shown:

Ratio:20152016

Current Ratio

Acid Test Ratio

Debt to Equity Ratio

Times Interest Earned Ratio

  1. How would you read each of the ratios – for example, the Current Ratio? For every $1.00 of the ………..

28. What is your assessment of Ford Motor Company’s financial position at its 2016 yearend?