Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. each student is to select a united states-based pu

Each student is to select a United States-based public (shares are listed on a major...

60.1K

Verified Solution

Question

Accounting

Each student is to select a United States-based public (shares are listed on a major stock exchange) company for this project. You will need to locate the company's income statement and balance sheet for the past 3 years. I have chosen Ford Motor Company.

For each year, please determine the following.

  • Net Income
  • Net Income Before Taxes
  • Income Tax Rate
  • Earnings Per Share
  • Gross Profit Margin
  • Nonoperating Income
  • Total Assets
  • Current Assets
  • Net Profit Margin
  • Operating Income
  • Total Liabilities
  • Current Liabilities
  • Current Ration
  • Debt to Total Assets Ration
  • Book Value

Appropriate turnover ratios may include accounts receivable, accounts payable, and inventory, depending on the type of company you are studying.

  1. Prepare a comparative financial statement analysis (horizontal analysis) for each of the financial measures.
  2. Prepare a spreadsheet that shows all of the data, calculations, and analyses.
  3. For each of the categories that show a difference between the 3 years, determine what factors could have caused the differences.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students