Financial management Assignment Example | Topics and Well Written Essays - 750 words - 2

Financial management - Assignment Example Ford was able to get this money by pledging almost all of its assets as collateral, including its U.S. property, plant, and equipment; its equity investments in Ford Credit and Ford’s foreign subsidiaries; and its trademarks, including the Ford brand name and logo. Why did Ford decide to use up all of its financial slack in one gigantic gulp? First, debt financing was available on relatively easy terms in 2006. Second, Mulally must have been aware of the history of restructuring programs in the U.S. auto industry. Some of these initiatives were failures, some partial successes, but none solved Ford, GM, or Chrysler’s competitive problems. The companies shrank but did not improve significantly. So Mulally was in effect sending a wake-up call to Ford’s managers and employees: â€Å"We’ve raised all the cash that we can get. This is our last chance to reform the company. If we don’t make it, Ford is gone.† For the final project, you are to conduct an analysis and evaluation of the capital structures and costs of capital of Ford Motor Company over a history of 5 years. The examination will be in three parts. 1. State the amount of the following in the financial statements for the years 2008, 2009, 2010, 2011 and 2012 using the following table (NOTE: Long term debt includes all long term debt regardless of when payable) - Fair value is a standard of measurement used in financial reporting. It refers to the market price that would be received upon a security if it were to be sold (Warren, Reeve & Duchac, 2014). Ford Motor Company (2008) adopts the January 1, 2008 SFAS No. 157, Fair Value Measurements, definition of fair value, defining it as the price receivable so as to execute the selling of an asset of payment for the transfer of a liability taking place in a orderly transaction among the market participants at the given measurement

Chair Furniture Definition and Classification Essay

Chair Furniture Definition and Classification - Essay Example The fact that there are different types of chairs, however, does not mean that there are different primary uses to this particular object. With very few exceptions, the primary purpose of all types of chairs is for a human to sit in, as in the case of armchairs, or sit on, as with table chairs and stools. As regards exceptions, it need be noted that a few chairs have a primarily decorative purpose, as a direct consequence of their being classified as art objects or valuable antique purposes. Having clarified the stated, however, it is important to note that the aforementioned are not generally classified as chairs but are often, more precisely and accurately, referred to as antiques or at objects. Accordingly, it is important to emphasize that chairs are not, primarily, either antiques or pieces of art but objects which primarily serve a human-sitting purpose. Added to that, even though some types of chairs are referred to as table chairs, this does not mean that chairs are tables. I n other words, in defining the said objective from the negative perspective, one may affirm that chairs are not tables but can be placed around and under kitchen and dining tables.