Income Statement Ford Motor Company.docx

Document Content and Description Below

OMM622 Ashford University OMM622: Financial Decision-Making Professor Income Statement – Ford Motor Company According to Epstein (2014), income statements, also referred to as earnings, sta... tements of income, statements of operations, or profit and loss, are a snapshot of an organization's financial health, providing financial information on an organization's financial standing. The statements can be generated for a month, quarterly, or yearly. This paper is meant to discuss the purpose of an income statement and how it reflects the organization's financial status. It will also disuse an analyst when looking at the organization's financial conditions while also analyzing the Ford Motor Company income statement from the 2020 annual report. Analysts and managers use income statements to understand the organization's financial health. They are used to understand if the organization is. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]

Last updated: 1 year ago

Preview 1 out of 3 pages