In: Accounting
I am needing the following questions answered based on General Motors Company (GM), using the 2019 fiscal year
19. What investing activity provided the largest inflow of cash in the current year?
20. What investing activity used the largest amount of cash in the current year?
21. What financing activity provided the largest inflow of cash in the current year?
22. What financing activity used the largest amount of cash in the current year?
19) What investing activity provided the largest inflow of cash in the current year
Principal collections and recoveries on finance receivables 22005 millions
20. What investing activity used the largest amount of cash in the current year
Purchases of finance receivables 24538
21). What investing activity provided the largest inflow of cash in the current year?
Proceeds from issuance of debt (original maturities greater than three months) 36937 millions
22. What financing activity used the largest amount of cash in the current year?
Payments on debt (original maturities greater than three months 39156 millions