Question: Scenario 50: Financial Statement Analysis - General Electric Company General Electric Company has reported the following financial data for the fiscal year ended December 31,

Scenario 50: Financial Statement Analysis - General Electric Company

General Electric Company has reported the following financial data for the fiscal year ended December 31, 2023:

  • Total Assets: $342,918 million
  • Total Liabilities: $186,302 million
  • Net Income: $21,509 million
  • Total Revenue: $301,856 million
  • Total Expenses: $280,347 million
  • Average Shareholders' Equity: $156,616 million

Calculate the following financial ratios for General Electric Company:

a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin

Interpret each ratio and discuss the financial performance of General Electric Company based on these ratios.

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