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Assume General Motors announced a quarterly profit of $119 million for 4th quarter 2019. Below is a portion of its b Conduct a horizontal analysis of the following line items. (Negative answers should be indicated by a minus sign. "percent" answers to the nearest hundredth percent.) 2019 (dollars in millions) 2018 (dollars in millions) Difference CHG Cash and cash equivalents 15,980 $ 15,499 Marketable securities 9,222 16,148 Inventories 13,642 14,324 Goodwill 1,278 Total liabilities and equity 103,249 $ 144,603 %24 %24

Assume General Motors announced a quarterly profit of $119 million for 4th quarter 2019. Below is a portion of its b Conduct a horizontal analysis of the following line items. (Negative answers should be indicated by a minus sign. "percent" answers to the nearest hundredth percent.) 2019 (dollars in millions) 2018 (dollars in millions) Difference CHG Cash and cash equivalents 15,980 $ 15,499 Marketable securities 9,222 16,148 Inventories 13,642 14,324 Goodwill 1,278 Total liabilities and equity 103,249 $ 144,603 %24 %24

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter4: Accounting For Retail Operations
Section: Chapter Questions
Problem 4.2MBA: Sales transactions Using transactions listed in P4-2, indicate the effects of each transaction on...
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LL %24 %24 Assume General Motors announced a quarterly profit of $119 million for 4th quarter 2019. Below is a portion of its b Conduct a horizontal analysis of the following line items. (Negative answers should be indicated by a minus sign. "percent" answers to the nearest hundredth percent.) 2018 (dollars in millions) Difference % CHG 2019 (dollars in millions) 15,980 $ 15,499 Cash and cash equivalents 9,222 16,148 Marketable securities 13,642 14,324 Inventories 1,278 Impoo Total liabilities and equity 103,249 $ 144,603 Mc Graw Hill Education < Prev 7 of 10 RON Type here to search EM F2 F4 F5 F7 F10 F12 Home 9F- 81 い1 SysRq
Transcribed Image Text:LL %24 %24 Assume General Motors announced a quarterly profit of $119 million for 4th quarter 2019. Below is a portion of its b Conduct a horizontal analysis of the following line items. (Negative answers should be indicated by a minus sign. "percent" answers to the nearest hundredth percent.) 2018 (dollars in millions) Difference % CHG 2019 (dollars in millions) 15,980 $ 15,499 Cash and cash equivalents 9,222 16,148 Marketable securities 13,642 14,324 Inventories 1,278 Impoo Total liabilities and equity 103,249 $ 144,603 Mc Graw Hill Education < Prev 7 of 10 RON Type here to search EM F2 F4 F5 F7 F10 F12 Home 9F- 81 い1 SysRq
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