Revenues increased from 1473 billion to 1474 billion net


In its 2012 annual report to shareholders. General Electric reported the following financial results

Revenues increased from 147.3 billion to 147.4 billion. Net income decreased from 14.2 billion to 13.6 billion. Total assets decreased from 718.2 billion to 685.3 billion. Shareholders' equity increased from 116.4 billion to 123.0 billion. For the year, the cash flow from operating activities was 31.3 billion, the cash flow from investing was 11.3 billion, and the cash flow from financing activities was negative 51.1 million. Discuss the possible explanations for the financial results

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Financial Accounting: Revenues increased from 1473 billion to 1474 billion net
Reference No:- TGS01151090

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