• General Electric Company invested $7 billion in renewable energy projects. The company reported the following financial information:
  • Investment in Renewable Energy: $7 billion
  • Total Assets: $250 billion
  • Total Liabilities: $150 billion
  • Net Income: $12 billion

• Requirements:
  1. Calculate General Electric's total assets after accounting for the investment in renewable energy projects.
  2. Prepare a balance sheet reflecting the investment in renewable energy projects and adjusted total assets.
  3. Analyze the impact of the investment on General Electric's financial leverage.
  4. Discuss the accounting treatment of investments in renewable energy projects in General Electric's financial statements.
  5. Evaluate the potential return on investment from General Electric's renewable energy projects.