To complete the assignment, you will be using financial statement excerpts from the 2018 10Ks of Delta, Honeywell, and Ford Motor Company. I have extracted the portions of the 10K you will require for the assignment and posted the information
2. What is the total amount of income taxes owed by Ford Motor Company in 2018? How much of the amount owed is due to federal, state & local and non-US government agencies?
the total amount of income taxes owed by Ford Motor Company in 2018 is $650 (current + deferred)
Federal= 75+(360) = $(285) (current + deferred)
Non U.S = 690+239 = $929 (current + deferred)
State and local = (6)+12 = $6 (current + deferred)
To complete the assignment, you will be using financial statement excerpts from the 2018 10Ks of...
To complete the assignment, you will be using financial statement excerpts from the 2018 10Ks of Delta, Honeywell, and Ford Motor Company. I have extracted the portions of the 10K you will require for the assignment and posted the information 4. What is the difference between a defined benefit pension plan and defined contribution pension plan? Does your employer offer a pension plan, and if so, what type of plan is it? Excerpt from Ford Motor Company 2018 10K regarding...
To complete the assignment, you will be using financial statement excerpts from the 2018 10Ks of Delta, Honeywell, and Ford Motor Company. I have extracted the portions of the 10K you will require for the assignment and posted the information 6. What is the funded status of all of Honeywell’s pension benefit plans in 2018 (US and Non US)? What amount of asset or liability should Honeywell report on its 2018 balance sheet? Excerpt from Ford Motor Company 2018 10K...
Analyzing and Interpreting Pension Disclosures Assume E.I. Du Pont De Nemours and Co.'s 10-K report has the following disclosures related to its retirement plans ($ millions). Pension Benefits ($ millions) 2010 2009 Change in benefit obligation Benefit obligation at beginning of year $ 22,849 $ 22,935 Service cost 383 388 Interest cost 1,228 1,192 Plan participants' contributions 13 9 Acturarial loss (gain) (728) (244) Benefits paid (1,544) (1,506) Amendments -- (1) Net effects of acquisitions/divestitures 5 76 Benefit obligation at...
Analyzing and Interpreting Pension and Health Care Footnote Xerox Corporation reports the following pension and retiree health care (“Other”) footnote as part of its 10-K report. December 31, 2015 ($ millions) Pension Benefits Retiree Health Change in Benefit Obligation Benefit obligation, January 1 $11,855 $937 Service cost 36 7 Interest cost 295 34 Plan participants’ contributions 4 14 Actuarial loss (332) (4) Currency exchange rate changes (538) (25) Plan amendments and curtailments (17) (31) Benefits paid/settlements (638) (77) Benefit obligation,...
look at kroger company's most current two years: 1. Compute the current and quick ratios. 2. Compute the total liabilities to equity and long-term debt to equity ratios. 3. Compute the times interest earned ratios. 4. Summarize your findings in a conclusion about your company's credit risk. THE KROGER CO. CONSOLIDATED BALANCE SHEETS February 1, February 2019 5 422 399 1,179 (Inmens, wept paramos) ASSETS Current assets Cash and temporary cash investments Store deposits in-transit Receivables FIFO inventory LIFO reserve...
Compute the Financial Ratios listed compute for the year 2018 2.2 The Income Statement (Summary of Operating Results)/ Balance Sheet & Cash Flow Statements that follow summarizes the financial conditions for JC Penny. JC Penny has had difficulty remaining financially viable these past several years. Compute the various financial ratios (as listed) and interpret the firm's financial health over the quarter shown. (a) Compute Current Assets (b) Compute Current Liabilities (c) Debt Ratio (d) Times-Interest earned ratio (e) Current Ratio...
2. Which of the following lease contract would be the most likely be classified as a finance lease by the lessee? a. The lease term is 7 years and economic life of the lease asset is 8 years b. The fair value of the lease asset is $20 million, and the present value of the lease payments is $13 million c. Ownership of the leased assets reverts to the lessor at the end of the lease term d. The lessee...
3. Using the attached excerpts from Coca Cola's 2018 Annual Report (financial statements and Note 8: Property, Plant, and Equipment) answer the following questions. In addition: - All numbers are in Smillions (except per share data). - Provide calculations when necessary. a. Long-term Assets i) ii) iii) What is the total value of Coca Cola's long-term assets as of December 31, 2018? What is the net book value (NBV) of Coca Cola's property, plant and equipment as of December 31,...
calculate the following financial indicators Current Ratio Debt/Equity Ratio Free Cash Flow Earnings per Share Price/Earnings Ratio Return on Equity Net Profit Margin As Reported Annual Income Statement Report Date Currency Audit Status Consolidated Scale Net product sales Net services sales Total net sales Cost of sales Fulfillment expenses Marketing expenses Technology & content expenses General & administrative expenses Other operating expense (income), net Total operating expenses & costs Income from operations Interest income Interest expense...
Pick any two of the financial statements: the consolidated balance sheet (statement of financial position) the consolidated income statement (statement of income or statement of comprehensive income) the statement of cash flows for Ford. Recast the two selected financial statements and present the statements following/in accordance with the IFRS, presentation-wise, as accurately as you can (you do not need to restate any of the results for Ford in this process-just work with the results as presented) FORD MOTOR COMPANY AND...