Explain the purpose of an income statement and analyze Ford Motor Company’s income statement from its 2012 Annual Report

In a two- to three- page paper (not including the abstract, title and reference pages), briefly explain the purpose of an income statement and analyze Ford Motor Company’s income statement from its 2012 Annual Report (http://corporate.ford.com/doc/ar2012-2012%20Annual%20Report.pdf). Include the important points that an analyst would use in assessing the financial condition of the company.

Your paper must be formatted according to APA style and it must include citations and references for the text and at least three scholarly sources.

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