Balance Sheet General Electric (GE) is one of the largest companies in the world with sales of
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Balance Sheet General Electric (GE) is one of the largest companies in the world with sales of more than \($130\) billion. The company's balance sheet on January 1, 2003, had total assets of \($575\) billion and stockholders' equity (called share owners' equity by GE) of \($64\) billion.
. Compute GE's total liabilities on January 1, 2003.
. As of January 1, 2003, GE had issued 9,969,894,000 shares of common stock. The par value was $.0671 per share. Compute the balance in the account, "Common stock, par value" on GE's balance sheet.
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Related Book For
Introduction To Financial Accounting
ISBN: 0131479725
9th Edition
Authors: Charles T Horngren, John A Elliott
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