View the 2013 Annual Report for the Ford Motor Company, a Fortune 50 company, li
ID: 2729590 • Letter: V
Question
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:
6.What was the amount of selling, general, and administrative expenses in 2013? Of this amount, what was the amount for stock-based compensation expense?
7.What amount of dividends on common stock was paid per share and in total in 2013?
8.What were the total revenues and income before income taxes, respectively, for the fourth quarter of 2013?
9.How much was the net cash provided (or used) by operating activities in 2013? In 2012?
10.How much was the net cash provided (or used) by investing activities in 2013? In 2012?
annual report - http://corporate.ford.com/doc/sr13-form-10-k.pdf
Explanation / Answer
6. SG&A expenses for 2013 was $13,176 millions. Of this amount, the stock based compensation expense was $18 million (net of tax benefit of $11 million).
7. For the year 2013, a cash dividend of $0.40 per share was declared and paid. It is given in the annual report and can also be calculated using the cash flow statement and the balance sheet.
Cash dividends amount (from cash flow statement) = $1,574 millions. Number of shares of common stock = 3,913 millions.
Thus dividend per share = 1574/3913 = $0.40
8. Total revenue for 4th quarter of 2013 = 35,575 (automotive sector)+1,995 (financial services) = $37,570 million
Income before income taxes for 4th quarter of 2013 = 613 (automative sector) + 355 (financial services) = $968 million
9. Net cash provided by operating activities for 2013 = $10,444 million and for 2012 = $9,045 million.
10. Net cash used in investing activities for 2013 = $(19,731) million and for 2012 = $(14,290) million.
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