CORPORATE FINANCE

"Exhibit A - Profitability ratio , Asset utilization ratios Liquidity ratios , Debt utilization ratios "2007 "2006 "2005 "2004 "2003 "Toyota "Net Profit Margin "0 .04384 "0 .7762 "0 .9746 "0 .3108 "0 .99451 "Gross Margin "0 .124 "0 .6499 "0 .0142 "0 .2061 "0 .7949 "Inventory turnover "1 .9 "1 .578 "1 .38 "1 .047 "2 "Fixed Asset Turnover "1 .536 "1 .064 "1 .52 "1 .659 "2 .925 "Total asset turnover "0 .3019 "0 .3724 "0 .1785 "0 .5803 "1 .936 "Quick ratio "0 .9016 "0 .7395 "0 .8773 "1 .475 "1 .464 "Current Ratio "1 .471 "1 .558 "1 .847

"1 .355 "1 .47 "EBITDA Coverage "NA "NA "NA "NA "NA "Times Interest Earned "NA "NA "NA "NA "NA "Debt ratio "0 .8882 "0 .0668 "0 .1834 "0 .0158 "0 .2068 "Debt equity ratio "1 .38 "1 .231 "1 .058 "1 .575 "1 .492 "Return of Assets (Dupont No .1 "0 .28016 "0 .30665 "0 .48943 "0 .62846 "0 .60125 "Return on Equity (Dupont No .2 "0 .6317 "0 .7949 "0 .1256 "0 .276 "0 .7221 "2006 "2005 "2004 "2003 "2002 "Ford Motors "Net Profit Margin "-0 .81971 "0 .628075 "0 .28589 "0 .893284 "-0 .290808 "Gross Margin "0 .70709 "0 .3502 "0 .2735 "0 .7266 "0 .5146 "Inventory turnover "14 .31 "16 .25 "17 .98 "20 .57 "46 .65 "Fixed Asset Turnover "1 .788 "1 .941 "1 .169 "0 .9236 "1 .617 "Total asset turnover "0 .9226 "0 .6704 "0 .3301 "0 .7348 "1 .638 "Quick ratio "2 .912 "2 .713 "1 .157 "2 .741 "2 .937 "Current Ratio "2 .036 "2 .807 "2 .999 "2 .159 "2 .837 "EBITDA Coverage "Times Interest Earned "Debt equity ratio "-81 .48 "19 .59 "15 .55 "25 .5 "51 .96 "Debt ratio "1 .834 "0 .4585 "0 .6033 "0 .9355 "0 .4631 "Return of Assets (Dupont No .1 "-0 .68183 "0 .849554 "0 .36658 "0 .0067295 "-0 .695206 "Return on Equity (Dupont No .2 "3 .544 "0 .7554 "0 .4745 "0 .43207 "-0 .3989 "Data used came from MSN Money Central (2007 "Exhibit B - Du pont Number Computation "ROA "Net Income "X "Sales "Sales "Total Assets "ROE "ROA "X "total assets / total equity "the following results are computed and copied from Exhibit A "For Toyota "2007 "2006 "2005 "2004 "2003 "Return of Assets (Dupont No .1 "0 .28016 "0 .30665 "0 .48943 "0 .62846 "0 .60125 "Return on Equity (Dupont No .2 "0 .6317 "0 .7949 "0 .1256 "0 .276 "0 .7221 "For Ford "Return of Assets (Dupont No .1 "-0 .68183 "0 .849554 "0 .36658 "0 .0067295 "-0 .695206 "Return on Equity (Dupont No .2 "3 .544 "0 .7554 "0 .4745 "0 .43207 "-0 .3989 "Exhibit C - Operating Leverage "Operating leverage "Toyota "Toyota "Ford "Ford "Operating Profit "ROE "Operating Profit "ROE "Year 1 "2238683 "0 .6317 "-16950 "3 .544 "Year 2 "1878342 "0 .7949 "-1550 "0 .7554 "Year 3 "1672187 "0 .1256 "2866 "0 .4745 "Year 4 "1666890 "0 .276 "-57 "0 .43207 "Year 5 "1271646 "0 .7221 "1514 "-0 .3989...