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Financial Statement Results. In its 2 0 1 8 annual report to shareholders, General Electric reported the following financial results: Revenues increased from $ 1
Financial Statement Results. In its annual report to shareholders, General Electric reported the following financial results:
Revenues increased from $ to $ billion.
Net income decreased from negative $ to negative $ billion.
Total assets decreased from $ to $ billion.
Shareholders' equity decreased from $ to $ billion.
For the year, the cash flow from operating activities was $ billion, the cash flow from investing activities was $ billion, and the cash flow from financing activities was negative $ billion.
Discuss the possible explanations for the financial results of General Electric.
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