2013 Ford Annual Report-http://corporate.ford.com/doc/sr13-form-10-k.pdf View th
ID: 2459029 • Letter: 2
Question
2013 Ford Annual Report-http://corporate.ford.com/doc/sr13-form-10-k.pdf
View the 2013 Annual Report for the Ford Motor Company, a Fortune 50 company, linked here as well as on the Course Information page. Using this report, answer the following questions:
What were the current liabilities on December 31, 2013?
What was the cost of the treasury stock held by the company on December 31, 2013?
What are the company’s operating segments?
What are the company’s segment products and services?
What is the estimated useful life of the property, plant, and equipment; land improvement; and buildings?
Explanation / Answer
1. The current liabilities on December 31, 2013 were $19531 millions.
2. The cost of the treasury stock held by the company on December 31, 2013 was $506 millions.
3. The company’s operating segments are Automotive and Financial services.
4. The company’s segment products and services in Automotive segment are Ford, Ford-Lincoln(combnied) and Lincoln; and in Financial sector- Ford Motor Credit Company LLC.
5. The estimated useful lives generally are 14.5 years for machinery and equipment, 30 years for land improvements, and 36 years for buildings.
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