Consider General Electric, a classic industrial company that has been in business for more than 100 years.
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Consider General Electric, a classic industrial company that has been in business for more than 100 years. Today it is well known for making CT scanners, jet engines, locomotives, gas turbines, appliances, and light bulbs. However, it also has GE Capital, a 100 percent owned financial subsidiary, which traditionally has provided a significant percentage of GE’s profits.
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GE Capital was established in 1988 as a means to provide financial services and support to GEs industrial businesses and customers Over the years GE C...View the full answer
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Related Book For
Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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