a) Consider Ford's inventory account on the balance sheet, alongwith the footnote. What are the most relevant assertions thatmanagement is making with regard to its inventory?
b) There exists demand for both fuel-efficient/smaller cars aswell as bigger pickups and SUVs. Read Ford's disclosures tounderstand the relative mix of these differing types of vehicles,changes in demand, and potential effects on valuation of assetsused to produce these vehicles.
