Conducting Intercompany Transactions
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Please help with the following accounting problem. Provide at least 300 words in the solution. Include references.
Find information in company footnotes about the intercompany transactions.
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Solution Summary
The following posting helps with an accounting problem. This solution helps find information in company footnotes about intercompany transactions. Ford Motor Company is used as an example. The explanation is given in 350 words. References are included.
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Using Ford Motor company Investor's area, download the 3rd quarter report.
http://corporate.ford.com/doc/ir_20101026a_2010_3q_financial_results.pdf
Appendix 11 of 17 footnotes: notes the cash flow of Volvo into the Ford system.
All of these are dealing with intercompany transactions.
*Included at September 30, 2010 are Ford Credit debt securities that we purchased, which are reflected in the table at a carrying value of $229 million; the estimated fair value of these securities is $228 million. Also included are Mazda marketable securities with a fair value ...
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