Company Letter For A Company

Submitted By catorch

Words: 338

Pages: 2

Open Document

Dear Shareholders:

We are happy to announce that this year has been extremely profitable for us. We have delivered strong operating performance, and proven our leadership skills through our experienced management team. With the unrelenting efforts of our company, we are excited to share that we are leaders in several different categories.

Team 1-d holds the number one spot for highest stock price at $79.60, and takes second overall with Net Income of $3,295 million. Team 2-d is just barely leading with a Net Income of $3,359 million. We also have the highest market share overall with $37,947 million at 34.1%.

As technology continues to evolve, so will we. We continually invest in our technology to simply stay a leader in the industry. We will continue to develop our technology to decrease the cost of our vehicles and provide more value to consumers.

Our sales have increased from $208,305 when we began, to $39,199 million currently. This increase was a result of the new additions we added to our truck and economy lines. We introduced our new truck, the Destroyer, as well as our new economy car, the Dreamachine. Both additions have increased sales, and have increased customer satisfaction overall. We anticipate similar market share in the recent ventures in the utility class as we do in the economy and truck classes. After the last period decline in the economy, we forecast our sales to exceed Period 5 and continue to increase our net income. Maintaining the

General Motors Corporation Analysis Essay

style. According to “General Motors” (2014), during the 20th century there were less than 8,000 automobiles in United States of America, some of the automobiles had to operate by steam, electricity, and had gasoline engines. At a New York Auto Show during 1900’s, spectators were amaze with one of the first automobiles. Over the next few years, other companies would create a market for automobiles, which cause an increasing demand for ownership. William “Billy” Durant founded GM on September 16…

Words 1101 - Pages 5

Financial Analysis of Honda Essay

FINANCIAL ANALYSIS ASSIGNMENT Executive Summary To analyze the financial statement of a select company in the automotive industry for the years 2007, 2008, 2009 and 2010. With the aid of financial reports, such as Balance Sheet, Income Statement, aim to perform an analysis based upon profitability, asset utilization, liquidity and debt utilization in comparison to the industry averages. This will be covered in the primary section of this report. The other section will cover the Horizontal, Vertical…

Words 4440 - Pages 18

Essay about Ford Motor Company

economy. Three of the main players, often referred to as the Big Three, are Ford, General Motors, and Chrysler. The Ford Company, founded in 1903 by Henry Ford, is an American automaker headquartered in Dearborn, Michigan. The Ford Company sells automobiles and commercial vehicles under the Ford brand and luxury vehicles under the Lincoln brand. Ford also owns Troller, a Brazilian SUV manufacturer, and FPV, an Australian performance car manufacturer. Ford has joint ventures in China, Thailand, Turkey…

Words 3987 - Pages 16

FIN 4060 Essay

lease decision Triple Net Lease- generally applies to real estate apartments, automobiles, equipment, etc… Term: 3-5 years, then option to buy Rent payment, insurance payment, and taxes If you buy a car and lease it out, you can use that as a tax deduction Leasing a car and owning a car being leased are both liabilities. One problem with leasing is default. Terms and conditions- t/c, tac… Should always ask; “what are the terms and conditions of the lease/loan?” “Residual Value” net difference between…

Words 1162 - Pages 5

Essay on "The Strangers that came to Town"

Fixed meaning buildings, furniture, already cash and acc it’s easily converted equipment, and automobiles. to cash. 5. Definition of Closing Entries : Journal entries that close off accounts for an accounting period, accounts are related to income + expenses of a business + used to track information for a specific period of time. They combine all drawings, revenues, expenses and put the net value in brackets. The capital account is for the start of the next accounting period. 6.…

Words 1176 - Pages 5

A Brief Note On Financial Deductions And Returns

61. Salary (Note 1) $ 84,000 Expense allowance (Note 2) 25,000 Contribution to § 401(k) retirement plan (Note 3) (10,000) Interest income (Note 4) 400 Treasure trove (Note 5) 5,000 Property transactions (Note 6): Loss on sale of lot ($4,000) Gain on boat 500 (3,000) Adjusted gross income $101,400 Itemized deductions not subject to the 2%-of-AGI limitation: Medical (Note 7) $2,795 Sales tax (Note 8) 3,200 Charitable contribution (Note 9) 4,800 Campaign contribution (Note…

Words 752 - Pages 4

Balance Sheet and Normal Debit Balance Essay

of the trial balance to exceed the credit total by $90. 8. a. The equality of the trial balance would not be affected. b. On the income statement, total operating expenses (salary expense) would be overstated by $7,500, and net income would be understated by $7,500. On the statement of owner’s equity, the beginning and ending capital would be correct. However, net income and withdrawals would be understated by $7,500. These understatements offset one another, and, thus, ending owner’s equity is correct…

Words 1469 - Pages 6

Sustainability: Automotive Industry and Ford Vehicles Essays

to estimate a time-series demand model for Ford vehicles.The study found that the demand for automobiles in the U.S is positively related to non-farm employment and single family housing start and negatively related to gas price and vehicle price. Keywords: Vehicle, Error-correction, Time-series, Ford, Autocorrelation JEL Code: F0, F4 1. Introduction Historically after every postwar recession automobile industry has been one of the major forces in the U.S. economic recovery. Some industry analysts…

Words 2607 - Pages 11

General Motors Case Study Essay

among competitors is very high. The automobile market is highly competitive and the product mix offered by the whole industry is very diverse with many different options. Due to this threat, GM is in need to change the product mix by a product differentiation and reducing costs. What internal resources and assets does General Motors have to help counter the external forces? What remains to be done? The great recession has caused trouble for automobile companies across the board. However…

Words 2190 - Pages 9

Essay on Tax lecture2

1 Lecture 2: Residency and Employment income Selected parts of Chapters 1, 3 and 21 Web links are included to provide more information to those who are interested to learn more about particular topics Recommended exercises and self-study problems in chapter 3: Exercises 1-3, 8-9, 11-12, 14-16, Self-Study Problem 3-10: As you are not responsible for the standby charge (and the operating cost benefit, if any), you can assume that the standby charge is $4,871 (before taking into account any payments…

Words 6594 - Pages 27