Ford Motor Company, one of the world’s largest automakers, reports the following income statement accounts for the year ended December 31 ($ in millions). Use this information to prepare Ford’s income statement for the year ended December 31. Selling and administrative costs . $ 12,196 Cost of sales . 126,584 Revenues $151,800 Other expenses 8,413

Ford Motor Company, one of the world’s largest automakers, reports the following income statement accounts for the year ended December 31 ($ in millions). Use this information to prepare Ford’s income statement for the year ended December 31. Selling and administrative costs . $ 12,196 Cost of sales . 126,584 Revenues $151,800 Other expenses 8,413

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter9: Working Capital

Section: Chapter Questions

Problem 22E

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