Abstract
This six-page senior level paper presents a financial review of General Motors. Our analysis of the company's financial strength will be based on the company's total cost of capital, bonds, stocks and depreciation.

Abstract
This paper presents a financial analysis of General Motors financial statements as found in its annual financial statement (10-K) release to its shareholders and the general public. This analysis includes liquidity ratios, inventory ratios, asset ratios, equity ratios, and a host of other typical financial analysis tools. A brief overview of General Motors' current industry position introduces the analysis.

From the Paper
"General Motors Corporation sells automobiles and other related parts and equipment, operates a diverse portfolio of business operations. In fact, it is as much of a finance company as it is a vehicle manufacturer. The most recent annual 10-K filing is for the 2004 financial year providing the relevant data regarding income on operations, net income for the most recent years, as well as a host of other financial related information necessary to complete a financial analysis of the company. The 10-K also contains relevant auditor, internal and external data, as well as the personal signoff of the executive officers committing to the validity of the financial reports forcing them to take a vested interest in the validity of the company's numbers. This last is required by the Sarbaanes-Oxley Act of 2001."

Tags:general, motors, analysis

Abstract
This paper discusses General Motors Corporation's recent financial difficulties led by its former parts divisions, Delphi, falling into bankruptcy, poor sales due to high gasoline prices, and finally its recent announcement that it is being forced to restate its 2001 financial filings with the SEC. The paper then compares these events to Ford Motor Company's very similar situation with its former parts division, Visteon, recently reporting a $200 million quarterly loss following a financial bail out of Visteon by Ford.

From the Paper
"GM Business Report A recent news article from Reuters announced that General Motors (GM) is restating its 2001 financial statements after it was previously announced that the company is being investigated by the SEC(Chakravorti, 2005). Following, as it does, the announced bankruptcy of Delphi, GM's former parts division and its largest provider of parts currently, this news only complicates and worsens an already bleak financial and performance assessment of the company. This news is certainly very negative for GM. GM finds itself already strapped with 111,000 unionized workers who, if laid-off or otherwise placed off the assembly line, still receive 95% of their base wages (Newman par.4) and legacy costs per vehicle at an approximate $1,600 (Beucke, et al, 2005, para.3). These situations combine to have a debilitating effect on GM's overall performance from both ends of its product cycle. "

Tags:gm, ford, delphi

Abstract
This paper examines the fiscal analysis and various facets of General Motors, including the sale of the General Motors Acceptance Corporation (GMAC) and the Delphi situation. This paper also reviews the new long term General Motors strategy which involves shifting production to locations outside America, to China in particular.

From the Paper
"Consumer fears regarding GM are nothing new. Consumers are not blind to the losses that GM has been taking, totaling 10.6 billion for last year alone. Though recently dealerships have been taking the hit as well. An internal GM sales record for the area of Chicago shows that in October of 2005, the total sales made up only 12% of the companies monthly goal. The report also showed almost no sales for the Pontiac, Buick, and GMC dealers, Chevrolet making up almost all of the dismal 12%. Many dealers are having a hard time getting by at all, like Allan Gilmour, a Ford-Chrysler dealer. "The dealership would normally sell fifty vehicles a month, but could only manage seven vehicles this month" says Gilmour. Dennis Doerge of Loren Buick-Pontiac states that it's "the worst I've seen in thirty years" and that consumers "are scared to death to buy".
Potential investors have similar feelings on buying stock with GM. Fitch ratings has lowered GM into "Below-investment" status, and Moody's Investors Service also lowered GM's investment rating. Dropping credit ratings and falling stock prices are making stock and bond holders uneasy with the thought of not being paid on time and in full. One reason for the lower ratings of GM's credit is the companies dependence on Delphi, it's main supplier of parts. Delphi itself declared bankruptcy in October of 2005, and many investors feel that GM's dependence on a struggling supplier of vital parts can do no good for the consumers view of GM.
Delphi broke off from GM in 1999, but it still has the power to drive GM into the ground, and many fear this is how GM will enter bankruptcy. Delphi has very recently showed interest in eliminating it's union contract with the UAW through a bankruptcy judge. Once the contracts are voided, Delphi would proceed to cut workers hourly wages by 40%. On top of the huge wage slash, a reorganization plan would shut down 21 of its 29 American factories and lay off 8,500 salary paid workers. If Delphi drops the contracts, the UAW has already agreed to strike against all Delphi plants."

Tags:delphi, economics, gm, delphi, shareholders, bankcruptcy

Abstract
This paper compares purchasing bonds from Cisco or GM and concludes that Cisco would have a lower discount rate than GM due to its lower risk. No financial calculations are involved; the paper is only a qualitative analysis.

From the Paper
"Investors have two primary options open to them when investing in a company debt and equity. Equity stocks provide one set of advantages and disadvantages while debt including bonds provide another. This research considers the issues surrounding bonds issued by General Motors (GM) and Cisco Systems and determines which of these bonds is of greater value to investors at this time.
"General Motors, once the very symbol of American business at its largest and most influential, has fallen from that pinnacle. Today..."

Tags:discount rate, GM, General Motors, bonds, Cisco Systems

Abstract
A segmented paper that includes background, production, financial performance, leader history and evaluation of Boeing, Wal-Mart, Phillip Morris, Citigroup and General Motors. It includes the historical performance of these companies given in excel charts, management info, CEO profiles, stock performance (also shown in charts), primary products carried by company and an overall evaluation.

From the Paper
"General Motors Corporation divides its business into two major business segments: Automotive, Communications Services and Financing and Insurance operations. The Automotive, Communications Services segment manufactures and markets cars, trucks and heavy-duty transmissions as well as all related parts and accessories. The Financing and Insurance segment provide consumer vehicle financing, full-service leasing and fleet leasing, dealer financing, car and truck extended service contracts, residential and commercial mortgage services, commercial, vehicle and homeowners' insurance and asset-based lending."

Tags:boeing, citigroup, evaluation, financial, general, mart, morris, motors, performance, phillip, stock, wal

Abstract
This paper discusses the concept of generally accepted accounting principles (GAAP). It explains how GAAP consists of a set of standards that are to be used by every company that report financial statements and discusses the ways that GAAP can be helpful. The paper then presents a brief case study analysis of Ford Motor Company, Exxon Mobil and Microsoft's financial statements.

From the Paper
"In the legal community, new cases are litigated by using instances of previous cases to argue a point. The same holds true for accounting related issues and GAAP. GAAP has been referenced many times by the internal revenue service to show that some financial statements are not reasonable and at times even made up. GAAP helps to show when certain unsatisfactory information is hidden or deleted so that the company can appear to be in a stronger financial situation then what the reality is. GAAP can help point out things to look at so that situations like this can be brought to the surface."

Tags:revenue, cost, accrual, assets, liabilities

Abstract
This paper discusses the overall organizational structure of General Motors (GM). Particular emphasis is given to its executive officer, its outside accounting firm, as well as its internal documents and its most recent 10-K annual report. Some attention is paid to its current stock performance as well as its dividend payout record. The paper concludes that GM's continued payment of a $2.00 dividend is not feasible.

From the Paper
"General Motors Corporation (GM) is an automotive company that built its historical success on the precepts of its most innovative leader and the man responsible for placing GM in its global leadership position, Alfred P. Sloan, Jr., who built GM into a automotive company that offered, "...a car for every purse and purpose" (Tedlow, 2005, para.8). GM is the world's largest automobile manufacturer with manufacturing operations in 32 countries, operational presence in more than 190 countries, and a global market share in the automobile industry of approximately 14.7% (General, 2005). GM describes its operations in its 2004 Annual Report as consisting of automotive operations in 4 primary regions: GM North America, GM Europe, GM Latin America/Africa/Mid-East, and GM Asia Pacific (Hands, 2004, p.46)."

Tags:general, motors, financial

Abstract
This paper attempts to provide a full background of the financial situation at a US based General Motors, a multi-national corporation, focusing on the role of the accounting function within this organization and the results it produces. The paper, following an introduction that provides some background on the corporation discussed in the paper, then focuses on the accounting function in the organizational structure of the examined organization. The paper then provides an overview of the business from a financial perspective before examining the concept of management accounting and how it works within the corporation. Finally, the paper provides an operations management analysis. The paper includes two tables and footnotes.

Outline:
Executive Summary
The Accounting Function
Company Background
Company Objectives
Key Resources
Role of Accounting
Financial Accounting Analysis
Management Accounting Analysis
Operations Management Analysis
SWOT Analysis
Strengths
Weaknesses
Opportunities
Threats
Bibliography

From the Paper
"2007 has been a year of both gains and losses for the second largest automobile producer in the world. Despite the fact that the growth was a reduced one, it is crucial that it was manifested. In this order of ideas, the net revenues from the sales of automobiles increased from $171,179 million in 2006 to $178,199 million in 2007; the increase totals up to 4.1 percent. On the other hand, the income from financial operations decreased from $34,422 million in 2006 to less than 3,000 million by 2007. Their global production of automobiles and engines increased slightly throughout 2007 as compared to 2006, but the overall figures for the net revenues reveal a decrease."

Tags:automobile, financial, profit, loss, unions, technology, outsourcing, state aid, globalization, japanese

Abstract
The paper discusses the Ford Motor Company. It describes its holdings and its competition, details its financial results for the fiscal year 2001 and suggests reasons why sales were up yet profit remained constant. The paper explains how Ford is sensitive to trends in the economy and explains its financial results in context to the general state of the economy. It presents several strategies that Ford has adopted to regain its former market position.

From the Paper
"Poor company strategies in the fiscal year 2001 gave Ford's competitors an advantage over them. For the first time in ten years Ford posted a loss. Chairman Bill Ford blames the drop in profits on difficult financial conditions. Ford had to replace faulty tires on some of their vehicles and this took a tremendous toll on profit margins."

Tags:profit, revenue, 2001, economy, strategy