Using General Motors Company
Use the industry classification from the financial services website to locate the company’s SIC code on the U.S. Department of Labor’s website.
Find the industry ratios for the company using the Dun & Bradstreet® Key Business Ratios link in the Week 2 Electronic Reserve Readings. If your company’s SIC code does not appear in the dropdown menu, choose another company.
Assume the inventory ratio is based on a traditional inventory system, but globalized markets and the supply chain make it critical to adopt lean principles to create a more efficient system.
Calculate the 14 ratios (show your calculations) for the company using the two most recent annual financial statements found on the financial information website you used earlier. Be careful not to use quarterly information, and include ratios for both years.