See attached annual reports containing financial statements for the year 2006 pertaining to:
General Motors Corporation
a. The Balance Sheet
b. The Income Statement
c. The Statement of Cash Flows
Based on the general organization of General Motors Corporation, I need an opinion on which of the above statements is more useful for the company: Net income or Cash from Operating Activities (please explain your opinion).
Also, please make a prediction about the company based on the additional information found in the annual report from the attached statements.
Attachment:- General motors corporation.rar