Please answer with years 2020, 2021, 2022 Milestone #3: Using the provided 3 years' worth of financial statements for your chosen company (General Motors), perform a ratio analysis for the below key ratios and write a 2 -3 page analysis of your findings. Be sure to compare and contrast your data, including your interpretation of the data. 

Liquidity

1. 1. Current ratio
2. 2. Quick ratio

Asset utilization

1. 1. Inventory turnover
2. 2. Total asset turnover

Debt utilization

1. 1. Debt to total assets
2. 2. Times interest earned

Profitability ratios 

1. 1. Profit margin
2. 2. ROE (DuPont Formula)

Answer rating: 100% (QA)

In the analysis of General Motors financial statements from the years 2020 2021 and 2022 the following key ratios were calculated and analyzed to provide insights into the companys financial performan... View the full answer