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Toyota Motor Corporation and General Motors Company are major players in the automotive industry. Let's compare their financial positions using the following data: Toyota Motor
Toyota Motor Corporation and General Motors Company are major players in the automotive
industry. Let's compare their financial positions using the following data:
Toyota Motor Corporation:
● Total Assets: $300 billion
● Total Liabilities: $200 billion
● Total Equity: $100 billion
● Net Income: $25 billion
General Motors Company:
● Total Assets: $250 billion
● Total Liabilities: $150 billion
● Total Equity: $100 billion
● Net Income: $22 billion
Compare the following: a) Total Assets b) Total Liabilities c) Total Equity d) Net Income
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