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You are assessing the solvency of General Electric (GE) for the fiscal year ended December 31, 2023. Below are the relevant financial data: Category Amount

You are assessing the solvency of General Electric (GE) for the fiscal year ended December 31, 2023. Below are the relevant financial data:

Category

Amount (in billions USD)

Total assets

$200

Total liabilities

$150

Total equity

$50

Long-term debt

$80

Shareholders' equity

$50

Requirements:

  1. Calculate the debt-to-equity ratio for General Electric (GE).
  2. Calculate the equity ratio for General Electric (GE).
  3. Discuss the solvency position of General Electric (GE) based on the calculated ratios.

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