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Non-GAAP Disclosures General Electric (GE) disclosed the following non-GAAP reconciliation for its Industrial segment from its 2018 For Required a. Explain how the non-GAAP items
Non-GAAP Disclosures General Electric (GE) disclosed the following non-GAAP reconciliation for its Industrial segment from its 2018 For Required a. Explain how the non-GAAP items (in total) affected adjusted earnings each year. b. Calculate net non-GAAP items as a percentage of net earnings for each year presented. Note: Round your answers to the nearest whole percentage point. Note: Do not use negative signs with your answers. c. Calculate the year-over-year change (in \% terms) in reported net earnings for 2017 and 2018. Calculate the year-over-year change (in \% terms) in the non-GAAP net income. Note: Round your answers to the nearest whole percentage point. Note: Use a negative sign to indicate lower performance over the previous year
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