Answered step by step
Verified Expert Solution
Question
1 Approved Answer
identify strengths and weaknesses of each firm General Motors Company (GM) Year Current 2023 2022 2021 Debt Equity Ratio 1.89 1.89 1.69 1.83 Quick Ratio
identify strengths and weaknesses of each firm General Motors Company (GM) Year Current 2023 2022 2021 Debt Equity Ratio 1.89 1.89 1.69 1.83 Quick Ratio 0.83 0.83 0.86 0.84 Current Ratio 1.08 1.08 1.10 1.10 Return on Assets 3.70% 3.70% 3.50% 4.10% Return on Equity 14.30% 14.30% 13.80% 18.40% Ford Motor Company Year Current 2023 2022 2021 Debt Equity Ratio 3.49 3.49 3.21 2.85 Quick Ratio 1.01 1.01 1.02 1.03 Current Ratio 1.20 1.20 1.20 1.20 Return on Assets 1.60% 1.60% -0.80% 7.00% Return on Equity 10.00% 10.00% -4.50% 46.70%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started