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Business, 03.03.2020 00:34 nevejames07

The following financial information is given for General Electric for fiscal year 2001 (in thousands): Sales $125,679 Cash $ 9,082 Cost of Goods Sold 42,008 Inventory 8,565 Gross Profit 83,671 Current Assets 340,708 Net Income 13,684 Total Assets 495,023 Operating Cash Flow 32,195 Current Liabilities 198,904 Earnings per share 1.38 Total Liabilities 440,111 Dividends per share 0.66 Total Equity 54,824 Net Income (fiscal year 2000) 12,735 Total Assets (fiscal year 2000) 437,006 Sales (fiscal year 2000) 129,417 Inventory (fiscal year 2000) 7,812 In GE's 2001 common-size income statement, Net Income is equal to: a. 16.4% b. 10.9% c. 100.0% d. 2.8%

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