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5) (15 pts) GM had 1.442 Billion shares outstanding and paid a dividend of $1.52 per share in 2020. Use the attached information on GM
5) (15 pts) GM had 1.442 Billion shares outstanding and paid a dividend of $1.52 per share in 2020. Use the attached information on GM to compute for 2020 the following ratios: a) Average Collection Period b) Cash per share d) Gross Margin Rate c) Current Ratio e) Debt to Equity CONSOLIDATED INCOME STATEMENTS (In millions) 5) (15 pts) GM had 1.442 Billion shares outstanding and paid a dividend of $1.52 per share in 2020. Use the attached information on GM to compute for 2020 the following ratios: a) Average Collection Period b) Cash per share d) Gross Margin Rate c) Current Ratio e) Debt to Equity CONSOLIDATED INCOME STATEMENTS (In millions)
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