General Motors Company Answer the following questions by typing your answer below each question: 1. Does General Motors have any Contingent Liabilities? a. If so, where are they summarized within the financial statements? b. How much of the contingencies have been accrued to the financial statements? Where? c. List the main contingencies mentioned by General Motors. 2. Find General Motors' detail of the accrued liabilities. What is the makeup of their short term accrued liabilities? 3. Compute General Motors' current ratio for the current fiscal year? What does it tell you about the company's liquidity? 4. Compute General Motors' quick ratio for the current fiscal year? What does it tell you about the company's liquidity