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.
Company Background. Founded in 1908, General Motors Corporation (GM) is the world's largest automaker and has been the global industry leader in sales for 76 years (General Motors, 2008a). The United States is GM's largest national market, followed by China, Canada, the United Kingdom, and Germany.