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5 . General Motor has the following information in its balance sheet as for 1 2 / 3 1 / 2 0 2 3 :

5. General Motor has the following information in its balance sheet as for 12/31/2023:
Current Assets: $800,000 Current Liability: $650,000
Long-Term Debt: $350,000 Preferred Stock: $50,000
Common Stock: $500,000 Retained Earnings: $30,000
Put these numbers in the right place of the balance sheet. How much would be the Fixed Assets figure if that is the only other item in the balance sheet? How much is the Net Working Capital?
6. Google has the following information in its income statement as for year 2023.
Sales: $350,000 Cost of Goods Sold: $150,000
Expenses: $80,000 Interest: $20,000
Corporate Tax Rate: 21%
Following the sequence of Income Statement deduction, how much is EBIT (earnings before interest and tax)? How much is Net Income?
7. The Home Depots 2023 annual report stated: Sales $850 million, Net Income $80 million, Total Assets $2.5 billion, and Common Equity $980 million. Lowes Companies, Inc. reported the following numbers in its 2019 annual report: Sales $630 million, Net Income $60 million, Total Assets $1.8 billion, and Common Equity $730 million. Calculate the profitability ratios to find the better investment opportunity out of the two companies.

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