CO-3: Analyze financial ratios and break-even to determine management decision making.
LO-3.1: Calculate and explain changes in financial statements using horizontal analysis and vertical analysis.
LO-3.2: Perform ratio analysis of financial statements.
LO-3.3: Describe the considerations used in financial statement analysis.
CO-4: Articulate the analysis and synthesis of a selected company’s financial statements. 
LO-4.1: Describe the sources of information for financial statement analysis.
LO-4.2: Describe and explain the objectives of financial statement analysis.
LO-4.3: Describe and explain the results of ratio analysis.
CO5: Employ research and written communication skills in the context of accounting.
LO-5.1: Analyze and use the financial results.
LO-5.3: Use financial analysis to explain the financial position and results of operations for a public corporation.
Assignment Instructions:

Write a research paper on the following. The Assignment has three (3) requirements:
Use the attached annual report file for Ford Motor Company, a publicly traded company that is listed on a U.S. stock exchange. Analyze the financial statements for the company and review for large movements in specific accounts from one year to the next. Evaluate the balance sheet to determine if there are large changes in the company’s assets, liabilities, or equity accounts. In addition, the income statement and statement of cash flows should be analyzed.
Prepare a horizontal and vertical analysis of the income statement and the balance sheet.
At a minimum, calculate the following ratios for two (2) years: the debt-to-equity ratio, current ratio, quick ratio, return on equity, and net profit margin. For each ratio, explain what the ratio tells about the company.
Utilize an AI tool to prepare your ratio analysis for this portion. Feel free to utilize any tool that you wish. Be sure to include the citation for the tool used. ChatGPT seems to work well for this. You can sign up for this at no charge at Chatgpt.com. You can also use ChatGPT to provide the horizontal and vertical analysis if you wish. Copilot works well also.
Submission Instructions:

It must include a title page and a reference page.
Use APA format. The ChatGPT prompt is included in Week 5 Short Business Analysis doc file. The assignment page also includes a hyperlink to https://shareholder.ford.com/financials/default.aspx