Question
Each team needs to obtain the most recent annual reports (including 10-K and DEF 14A - proxy statement) that were issued in 2023 (for calendar
Each team needs to obtain the most recent annual reports (including 10-K and DEF 14A - proxy statement) that were issued in 2023 (for calendar year 2022) from General Motors website and use them to answer the questions listed below. Annual reports are typically available from a companys website (look for Investor Relations and then SEC Filings) for download.
In answering the specific questions, you will need to show the source for your answers. Rather than formal footnoting, you may use a parenthetical notation for each item (e.g., Income Statement, Note 6, MD&A p. 17, DEF14A, Item 6)
OPERATIONS
Describe the companys operations. What are its principal products and markets?
List the operating segments for which GM provides results of continuing operations. Which operating segment accounts for the largest portion of the companys revenue?
What countries does the company operate in?
What percentage of the companys revenue is attributable to foreign operations?
What kind of operating data (aside from that contained in the income statement) does the company provide? Why does management include this type of information?
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