Acc 422: A Brief Financial Analysis Of Ford Motor Company
Ford Motor Company
Acc 422
Let’s take a look on the finical statement of Ford Motor Company. Ford Motor was one of the only automobile companies that is making a profit and did not have to take any money from the government to stay afloat from demise. Looking at the financial statements we will evaluate Ford Motor Company in detail in reference to the disclosures seen in relation to the cash and cash equivalents, receivables, and inventory. This paper will discuss the numerous disclosures that Ford Motor Company has in their financial statements for their assets. As we dig deep into the financial statement to seek out disclosures, as well as making a detailed list that will identify the components of the organization’s cash and cash equivalents.
Cash and Restricted Cash Disclosure
Ford Motor Company Financial statement is loaded with major factual information regarding how well the company is doing. The company actually makes a book of the financial information adding more information …show more content…
Note 7, entitled Finance Receivables – Financial Services Sector, touches on what the financial receivables entails on the financial statements and how revenue is classified. This note mentions, “Retail finance receivables consist primarily of installment loans and direct financing lease contracts for new and used vehicles with retail customers, daily rental companies, government entities, and fleet customers.” It also mentions how the revenue from finance receivables is recognized in the financial statements using the interest method. This note helps users to understand what Ford means when it mentions and discusses information about financing receivables that it is recognizing installment loans and direct financing lease contracts for their vehicles that are used in the varies categories
Acc 422
Let’s take a look on the finical statement of Ford Motor Company. Ford Motor was one of the only automobile companies that is making a profit and did not have to take any money from the government to stay afloat from demise. Looking at the financial statements we will evaluate Ford Motor Company in detail in reference to the disclosures seen in relation to the cash and cash equivalents, receivables, and inventory. This paper will discuss the numerous disclosures that Ford Motor Company has in their financial statements for their assets. As we dig deep into the financial statement to seek out disclosures, as well as making a detailed list that will identify the components of the organization’s cash and cash equivalents.
Cash and Restricted Cash Disclosure
Ford Motor Company Financial statement is loaded with major factual information regarding how well the company is doing. The company actually makes a book of the financial information adding more information …show more content…
Note 7, entitled Finance Receivables – Financial Services Sector, touches on what the financial receivables entails on the financial statements and how revenue is classified. This note mentions, “Retail finance receivables consist primarily of installment loans and direct financing lease contracts for new and used vehicles with retail customers, daily rental companies, government entities, and fleet customers.” It also mentions how the revenue from finance receivables is recognized in the financial statements using the interest method. This note helps users to understand what Ford means when it mentions and discusses information about financing receivables that it is recognizing installment loans and direct financing lease contracts for their vehicles that are used in the varies categories