GM Financial Information (year-end 2004) Current assets $ 55,515,000 Current liabilities $ 74,894,000 Retained earnings $ 14,425,000 Total assets $

1. Compute the Z score for General Motors Corporation given the information above for year-end 2004. Round your answer to four decimal places.

2. At what share price would GM have a Z score equal to 3.00? Round your answer to the nearest cent.

3. Based on its Z score, is GM likely to go bankrupt in the near future?