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Assume General Motors announced a quarterly profit of $119 million for 4th quarter 2022. Below is a portion of its balance sheet. Conduct a

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Assume General Motors announced a quarterly profit of $119 million for 4th quarter 2022. Below is a portion of its balance sheet. Conduct a horizontal analysis of the following line items. Note: Negative answers should be indicated by a minus sign. Round the "percent" answers to the nearest hundredth percent. 2022 (dollars in 2021 (dollars in millions) millions) Difference % CHG Cash and cash equivalents. $ 17,280 $ 16,149 Marketable securities 9,872 17,448 Inventories 14,292 15,624 Goodwill 0 1,304 Total liabilities and equity $ 104,549 $ 145,253)

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