Discussion Question

https://www.sec.gov/ix?doc=/Archives/edgar/data/40545/000004054520000009/ge10-k2019.htm

Overview

• Always include the name of your company in the subject line and the link to the SEC 10-K in your posting.
• Answer all of the questions below and do NOT cut and paste from the 10-K.
• Use your own words to answer.

Discussion Requirements

Using vertical analysis (show your calculations), present the following values for this year and last year:

• gross profit margin
• net profit margin (use the last “net income” line on the statement)
• Comment on changes:
  • Are sales increasingly profitable?
  • How are gross profit and net income changing, as dollar values?