For Example: software purchased for $1000 and lisence renew fee for every year is $100 then $1000 is fixed asset and $100 is current asset or revenue asset.
Together with its partners GM produces cars and trucks in thirty four countries, and sell these vehicles by the following brands: Chevrolet, Cadillac, GMC, Buick, Holden, GM Daewoo, Opel, Vauxhall and Wuling.
Automaker General Motors employs 202,000 people as of 2014. GM is one of the Big-3 automakers in the United States. Full Answer. General Motors was founded on September 16, 1908, in Flint, Michigan, and is currently headquartered in Detroit, Michigan. General Motors is currently ranked number eight on the Fortune 500 list. The automaker produces a total of seven different auto brands, and its top-selling vehicle is the Chevy Impala, with over 138,000 sold each year.