If any doubt remained as to Mr. Ford's ability to finance his own way, it has been speedily removed by the recent financial statement of the Ford Motor Company, Inc., as of February 28, 1923. This statement showed total assets of $536,351,939, of which almost one-third (or $159,605,687) consisted of cash in the treasury. No other corporation in the world has so much cash in its treasury as this, not excepting the U. S. Steel Corporation, which has total assets over four times as great as the Ford Motor Company.
When the Ford Company...
To continue reading:
or
Log-In
