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General Electric Company had the following information for the year 2023: Total Assets: $180 billion Total Liabilities: $100 billion Shareholders' Equity: $80 billion Calculate: a)
General Electric Company had the following information for the year 2023:
- Total Assets: $180 billion
- Total Liabilities: $100 billion
- Shareholders' Equity: $80 billion Calculate: a) The debt-to-equity ratio. b) The return on assets (ROA) if the net income for the year is $10 billion. c) The current ratio if the current assets are $70 billion and the current liabilities are $40 billion.
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