Using the attached 2018 Annual Report for General Motors find the balance sheet and notes to the financial statements and address the following questions: What current assets are included on the balance sheet? If General Motors lists accounts receivable and an allowance account, list the amount in these accounts. What depreciation method does General Motors use? What assets other than current assets and property, plant, and equipment are included on the balance sheet? What current liabilities are included on the balance sheet? How many deferred tax accounts are included on the balance sheet? Under which classification(s) are deferred taxes found? What temporary differences caused the creation of the deferred tax account(s)? Does General Motors have long term debt? How much? What stockholder's equity accounts are included on the balance sheet? 2017 2016 2015 $ 5 133,449 12,139 145,588 140,205 8,979 149,184 129,866 5,861 135,725 Net sales and revenue Automotive GM Financial Total sales and revenue Casts and expenses Automotive cost of sales GM Financial Interest, operating and other expenses Automotive selling, general and administrative expense Total costs and expenses Operating income Automotive Interest expense Interest income and other non-operating income, net Gain on extinguishment of debt Equity income (Note) ime before income taxes Income tax expense benefit) (Note 18) income from continuing operations Income (s) from discused operation of Wax (Note 3) Ne income flous) Na kissabte i ding interest Net Income (los) attributable to stockholders 114,869 11,128 9,575 135.572 10,016 575 290 120,499 8,369 10.354 139.222 112,995 3,300 HIN 130,187 3,338 423 614 327 12.00 2,739 2,193 3,171 (1.219) 9,590 2,132 11,863 H 533 330 (4.212) (3.882) IN 3.8645 9.269 (1) 9.268 9,615 159 3.830) Net income foss) attributable to common stockholders Earnings per share (Note 21) rings per comun share iting operations (haaya eatinual operations Bu are Weighted average common shares outstanding buske 3 923 (28) 6.125 $ 5 0.02 1.5.40 1.556 0.00 5 3.89 0.00 Dalslags per common share continuing operation 5 Desperan share discontinued post 12.05 Diluang pera share Wewed average costures utstanding-diluted CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME 600 5.91 1.00 ASSETS 15,512 83313 8,164 20,521 10,663 1.106 4465 12,574 11.841 3.700 16,127 11.040 1,110 11,178 76,203 68.744 Current Assets Cash and cash equivalent Marketable securities (Note 4) Accounts and notes recevaisle (net of allowance of 5278 and $212) GM Financial receivables, net (Note 5: Note 12 VIES) Inventories (Note 6) Equipment on operating losses, net (Note 7) Other current assets (Note 4 Note 12 a VIES) Current assets held for sale (Note 3) Total corrente Non-current Assets GM Financial receivables, net (Note 3 Note 12 VIES) Equity in net assets of nonconsolidated a miles (Note) Property, net (No 93 Goodwill and intangible assets, net (Note 11) Equipment on operating leases, net (Note 7 Note 13 VIES) Defarred income tes (Note 18) Others (Note 4 Note 12 VIES) Non-current assets held for sale (Note 3) Tout 1 AS 21.203 9.073 17,001 2.9 32,603 6,149 36,253 34 12 42.882 23.544 4.929 33,172 3,849 143,758 212.482 221.6790 23,929 S 23,333 2,515 24,450 25.996 1,060 22,737 25,893 12,158 85,181 76,890 LIABILITIES AND EQUITY Current Llabilities Accounts payable (principally trade) Short-term debt and current portion of long-term debt (Note 14) Automotive GM Financial (Note 12 at VIES) Accrued liabilities (Note 13) Current liabilities held for sale (Note 3) Total current liabilities Non-current Liabilities Long-term debt (Note 14) Automotive GM Financial (Note 12 at VIES) Postretirement benefits other than pensions (Note 16) Pensions (Note 16) Other liabilities (Note 13) Non-current liabilities held for sale (Note 3) Total non-current liabilities Total Liabilities Commitments and contingencies (Note 17) Equity (Note 20) Common stock, S0.01 par value Additional paid in capital Retained earnings Accumulated other comprehensive loss Total stockholders' uity Noncontrolling interests Total Equity Total Liabilities and Equity 10.987 56,267 5.998 13,746 12.394 9.500 41,826 5.803 15,261 12,415 7.626 99,192 127,615 25371 (8,011) 35,001 1.199 36.200 212.482 15 26,983 26.168 (9,330) 43.836 239 14.075 Using the attached 2018 Annual Report for General Motors find the balance sheet and notes to the financial statements and address the following questions: What current assets are included on the balance sheet? If General Motors lists accounts receivable and an allowance account, list the amount in these accounts. What depreciation method does General Motors use? What assets other than current assets and property, plant, and equipment are included on the balance sheet? What current liabilities are included on the balance sheet? How many deferred tax accounts are included on the balance sheet? Under which classification(s) are deferred taxes found? What temporary differences caused the creation of the deferred tax account(s)? Does General Motors have long term debt? How much? What stockholder's equity accounts are included on the balance sheet? 2017 2016 2015 $ 5 133,449 12,139 145,588 140,205 8,979 149,184 129,866 5,861 135,725 Net sales and revenue Automotive GM Financial Total sales and revenue Casts and expenses Automotive cost of sales GM Financial Interest, operating and other expenses Automotive selling, general and administrative expense Total costs and expenses Operating income Automotive Interest expense Interest income and other non-operating income, net Gain on extinguishment of debt Equity income (Note) ime before income taxes Income tax expense benefit) (Note 18) income from continuing operations Income (s) from discused operation of Wax (Note 3) Ne income flous) Na kissabte i ding interest Net Income (los) attributable to stockholders 114,869 11,128 9,575 135.572 10,016 575 290 120,499 8,369 10.354 139.222 112,995 3,300 HIN 130,187 3,338 423 614 327 12.00 2,739 2,193 3,171 (1.219) 9,590 2,132 11,863 H 533 330 (4.212) (3.882) IN 3.8645 9.269 (1) 9.268 9,615 159 3.830) Net income foss) attributable to common stockholders Earnings per share (Note 21) rings per comun share iting operations (haaya eatinual operations Bu are Weighted average common shares outstanding buske 3 923 (28) 6.125 $ 5 0.02 1.5.40 1.556 0.00 5 3.89 0.00 Dalslags per common share continuing operation 5 Desperan share discontinued post 12.05 Diluang pera share Wewed average costures utstanding-diluted CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME 600 5.91 1.00 ASSETS 15,512 83313 8,164 20,521 10,663 1.106 4465 12,574 11.841 3.700 16,127 11.040 1,110 11,178 76,203 68.744 Current Assets Cash and cash equivalent Marketable securities (Note 4) Accounts and notes recevaisle (net of allowance of 5278 and $212) GM Financial receivables, net (Note 5: Note 12 VIES) Inventories (Note 6) Equipment on operating losses, net (Note 7) Other current assets (Note 4 Note 12 a VIES) Current assets held for sale (Note 3) Total corrente Non-current Assets GM Financial receivables, net (Note 3 Note 12 VIES) Equity in net assets of nonconsolidated a miles (Note) Property, net (No 93 Goodwill and intangible assets, net (Note 11) Equipment on operating leases, net (Note 7 Note 13 VIES) Defarred income tes (Note 18) Others (Note 4 Note 12 VIES) Non-current assets held for sale (Note 3) Tout 1 AS 21.203 9.073 17,001 2.9 32,603 6,149 36,253 34 12 42.882 23.544 4.929 33,172 3,849 143,758 212.482 221.6790 23,929 S 23,333 2,515 24,450 25.996 1,060 22,737 25,893 12,158 85,181 76,890 LIABILITIES AND EQUITY Current Llabilities Accounts payable (principally trade) Short-term debt and current portion of long-term debt (Note 14) Automotive GM Financial (Note 12 at VIES) Accrued liabilities (Note 13) Current liabilities held for sale (Note 3) Total current liabilities Non-current Liabilities Long-term debt (Note 14) Automotive GM Financial (Note 12 at VIES) Postretirement benefits other than pensions (Note 16) Pensions (Note 16) Other liabilities (Note 13) Non-current liabilities held for sale (Note 3) Total non-current liabilities Total Liabilities Commitments and contingencies (Note 17) Equity (Note 20) Common stock, S0.01 par value Additional paid in capital Retained earnings Accumulated other comprehensive loss Total stockholders' uity Noncontrolling interests Total Equity Total Liabilities and Equity 10.987 56,267 5.998 13,746 12.394 9.500 41,826 5.803 15,261 12,415 7.626 99,192 127,615 25371 (8,011) 35,001 1.199 36.200 212.482 15 26,983 26.168 (9,330) 43.836 239 14.075