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  3. a) consider ford's inventory account on the balanc

a) Consider Ford's inventory account on the balance sheet, along with the footnote. What are the...

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Accounting

a) Consider Ford's inventory account on the balance sheet, alongwith the footnote. What are the most relevant assertions thatmanagement is making with regard to its inventory?

b) There exists demand for both fuel-efficient/smaller cars aswell as bigger pickups and SUVs. Read Ford's disclosures tounderstand the relative mix of these differing types of vehicles,changes in demand, and potential effects on valuation of assetsused to produce these vehicles.

Answer & Explanation Solved by verified expert
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Answer a When investigating Fords stock records on the accounting report and the going with references I can see that the benefits liabilities and value are characterized on the budget reports and are portrayed in the commentaries Reference number one says that the fiscal reports are done in agreement to GAAP and that their announcements are reasonable Commentary    See Answer
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