Explain the purpose of a balance sheet


Problem

In a 2 to 3 pages paper (not including the title and reference pages), explain the purpose of a balance sheet and analyze Ford Motor Company's balance sheet from its 2012 Annual Report. In your analysis, you must determine the financial ratios and compare them to industry standards.

The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.

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Corporate Finance: Explain the purpose of a balance sheet
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