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From this 10-k annual report: https://www.sec.gov/Archives/edgar/data/1467858/000146785823000029/gm-20221231.htm Write a memo recommending the loan be approved or denied to include the following elements: What is the total
From this 10-k annual report: https://www.sec.gov/Archives/edgar/data/1467858/000146785823000029/gm-20221231.htm
Write a memo recommending the loan be approved or denied to include the following elements:
- What is the total debt, and how has it changed from year to year?
- Calculate the total debt to equity for both years. Show your calculations.
- Review the debt footnote for GM Automotive and GM Financial. What vehicle do they obtain most of their financing through?
- How would you describe their debt pattern and composition?
- Would you recommend lending them additional funds and why?
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Data Analytics Using Microsoft Excel With Accounting And Finance Datasets Version 2.0
Authors: Joseph M. Manzo
1st Edition
1453395210, 9781453395219
