What percentage of the company operating loss


For the year ended December 31, 2008, General Motors Corporation reported a Loss from Operations of $20 billion. The following asset impairment losses were included among its operating expenses.

  • Goodwill impairment $ 690 million
  • HUMMER equipment impairment 275 million
  • Saab equipment impairment 540 million
  • Other impairment losses 1,180 million
  • Total impairment losses $ 2,685 million

What percentage of the company's 2008 operating loss was explained by asset impairments? (Round your answer to 1 decimal place. Omit the "%" sign in your response.)

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Accounting Basics: What percentage of the company operating loss
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