Question
Analyze the expense data for General Electric Company for the year ended December 31, 2024: Expense Category Amount ($) Salaries $5,000,000 Utilities $1,000,000 Rent $2,000,000
Analyze the expense data for General Electric Company for the year ended December 31, 2024:
Expense Category | Amount ($) |
Salaries | $5,000,000 |
Utilities | $1,000,000 |
Rent | $2,000,000 |
Marketing | $3,500,000 |
Calculate the percentage of each expense category to total expenses and identify any significant deviations from industry standards.
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Horngrens Accounting
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood
10th Canadian edition Volume 1
978-0134213101, 134213106, 133855376, 978-0133855371
