The document requests a 1-2 page report comparing the 2019 fiscal year performance of Ford and GM based on their 10-K annual filings. The report should analyze changes in performance from 2018 to 2019, note any notable financial ratios or metrics, identify any changes to accounting standards, discuss any important off-balance sheet items, and conclude with an assessment of which company is in a stronger position supported by cited financial measures.
Consider the 2019 annual 10 k filings of two large auto manufactures
1. consider the 2019 annual 10-K filings of two large auto
manufactures: Ford & GM. In a 1-2 page report, you will
evaluate the performance of these two competitors during their
2019 fiscal year. In your report, please answer the following
questions:
How did Ford’s and GM’s performance change between fiscal
year 2018 and fiscal year 2019? Are there any financial
ratios/metrics that stand out (either for positive or negative
reasons)?
Based on the notes to the financial statements did either
company make changes to their accounting standards? If so, do
you think these changes make the financial statements more or
less reflective of the companies’ business performance?
Based on the notes to the financial statements are their any off-
balance sheet items that are noteworthy? How do these items
impact your evaluation of the companies’ performance?
Overall, which company do you think is in a stronger position?
Be sure to explain your reasoning and cite specific financial
measures to support your conclusion.
Both annual reports can be accessed on the via the SEC’s
EDGAR filling system.
Ford Annual Report:
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000037996/
000003799620000010/f1231201910-k.htm
GM Annual Report:
https://www.sec.gov/ix?doc=/Archives/edgar/data/0 001467858/
000146785820000028/gm201910k.htm