Using the SEC Financial Statements Ratios and Calculations, prepare a ratio analysis of GE 's current and prior years financial statements. In addition to presenting the year to year profit and loss and balance sheet variances, calculate inventory turnover, gross margin, working capital and operating margin. Explain the value of understanding why inventory balances, inventory turnover, cost of goods sold, operating margin, and working capital are important metrics for Cost Accounting. Label work in Excel to assist.

Using the SEC 10-K financial statements, create a three year comparative income statement with summary line items focusing on revenue through net income with key line items included but items of lower value appropriately grouped as All other Expenses. Revenue, Cost of Goods Sold, SG&A, and Income Tax Expense should be separate line items. Include a vertical analysis column for each of the three years presented.

https://www.sec.gov/ix?doc=/Archives/edgar/data/0000040545/000004054521000011/ge-20201231.htm#