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1 on Form 10-K/A ("Amended 10-K") to its Annual Report on Form 10-K for the year ended December 31, 2017 ("Original 10-K") filed with the U.S.

 Ford Motor Company filed an Amendment No. 1 on Form 10-K/A (

Expert Answer

Ford Motor Company filed an Amendment No. 1 on Form 10-K/A ("Amended 10-K") to its Annual Report on Form 10-K for the year ended December 31, 2017 ("Original 10-K") filed with the U.S. Securities and Exchange Commission ("SEC") on February 8, 2018 to include the financial statements and related notes of Changan Ford Automobile Corporation Limited ("CAF"), an unconsolidated joint venture incorporated in the People's Republic of China. Please go to Edgar (SEC) and pull down into a spreadsheet the FORD original 10-K filed for the year ended 12/31/2017. It would also be prudent to extract from the SEC website the Form 10-K/A ("Amended 10-K") in a PDF file as reference for this assignment. Although the Amended 10-K does not otherwise update any exhibits as originally filed and does not otherwise reflect events that occurred after the filing date of the Original 10-K, you will need to read and review the 10-K Amendment to perform the tasks below. Changan Ford Automobile Corporation, Ltd. is a 50-50 Chinese joint venture between Ford Motor Company and China's state-owned Chongqing Changan Automobile Company, Ltd., one of China's four biggest auto manufacturers. Review Ford's footnote EQUITY IN NET ASSETS OF AFFILIATED COMPANIES. How did they originally report for Changan Ford Automobile Corporation Limited? Why did they issue an amendment to the 10-k? Assume Changan Ford Automobile Corporation Limited is controlled by Ford, how would you adjust their Income Statement and Statement of financial position at 12/31/2017, given their Amended 10-k. Include footnote disclosures that justify your answers (2) in the spread sheet that are associated with every account you adjusted/changed.

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