Question
GM has the total assets of $264,037 million, total liabilities of $191,753 million, the earnings before interests and taxes of $10,314 million, interest expenses of
GM has the total assets of $264,037 million, total liabilities of $191,753 million, the earnings before interests and taxes of $10,314 million, interest expenses of $987 million, and depreciation of $11,290 million on its latest financial statements. Compute its equity multiplier.
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Financial Statement Analysis
Authors: K. R. Subramanyam, John Wild
11th edition
78110963, 978-0078110962
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