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General Motors Ratio Comparison to Industry Averages Paper

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Running Head: GENERAL MOTORS RATIO COMPARISON TO INDUSTRY AVERAGES 1
General Motors Ratio Comparison to Industry Averages
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Institutional Affiliation

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GENERAL MOTORS RATIO COMPARISON TO INDUSTRY AVERAGES 2
Standard Industrial Classification code - 3711
Industry Title - Motor Vehicles and Passenger Car Bodies
Introduction
General Motors is the largest automaker globally and has been leading this global industry
for over 76 years. The largest national market for General Motors has been the United States. Other
markets include China, Canada, Germany, and the United Kingdom. Being one of the largest
automobile manufacturers, it ranks among the best in the Motor Vehicle and Passenger Car Bodies
globally, operating in more than 34 countries. The company normally faces stiff competition from
other automobile giants such as Toyota, Honda, and Ford. Although there have been certain
disruptions in the industry, such as the urge to come up with electric cars, General Motors has been
focusing on this. Tesla is currently the company with the leading market share of consumers of
electric cars and therefore have the upper advantage. This provides competition in the industry as
General Motors will now have to adapt to changes in preferences and innovations.
General Motors ratios are analysis of as a result of financial statements produced at the end
of the financial year. Financial statements have a vital role to play company performance
evaluation. They enable "summarized historical information to report externally on how the
business performed." (Tennent, 2014). The summarized ratio analysis enable stakeholders and
would-be investors to get the picture of how a company is doing at a given period. There exist
several important factors that individuals should take into consideration in analysis or evaluation
of a company. For instance one should look at equity, liabilities, assets, cash flow and income
(Kokemuller, 2016). The tool used for analysis, in this case, are the key ratios. The ratios make it
possible for the company to be evaluated based on the industry's average performance. The ratio

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Running Head: GENERAL MOTORS RATIO COMPARISON TO INDUSTRY AVERAGES 1 General Motors Ratio Comparison to Industry Averages Author’s Name Institutional Affiliation GENERAL MOTORS RATIO COMPARISON TO INDUSTRY AVERAGES 2 Standard Industrial Classification code - 3711 Industry Title - Motor Vehicles and Passenger Car Bodies Introduction General Motors is the largest automaker globally and has been leading this global industry for over 76 years. The largest national market for General Motors has been the United States. Other markets include China, Canada, Germany, and the United Kingdom. Being one of the largest automobile manufacturers, it ranks among the best in the Motor Vehicle and Passenger Car Bodies globally, operating in more than 34 countries. The company normally faces stiff competition from other automobile giants such as Toyota, Honda, and Ford. Although there have been certain disruptions in the industry, such as the urge to come up with electric cars, General Motors has been focusing on this. Tesla is currently the company with the leading market share of consumers of electric cars and therefore have the upper advantage. This provides competition in the industry as General Motors will now have to adapt to changes in preferences and innovations. General Motors ratios are analysis of as a result of financial statements produced at the end of the financial year. Financial statements have a vital role to play company performance evaluation. They enable "summarize ...
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