Read the Ford Case Study and answer the 3 questions assigned
536358
College
592
Short excerpt:
Ford is one of the most renowned automobile manufacturers around the globe. With respect to automobile manufacturing, it is placed second in the United States and fifth largest automobile manufacturer in Europe. The company faced many liquidity issues since its inception but after that the company improved gradually and was able to accumulate $23 billion in the year 2000. This $23 billion was the companyдЫЄs largest and the strongest cash position in its history. This cash position seemed much more considerable when compared to the companyдЫЄs $57 billion market capitalization in the year 2000. This cash accumulation seemed humongous and it needed proper allocation of this cash reserve to make sure that the company progresses smoothly and steadily in future. The cash position was almost