General Electric And Ge Multiple Components Essay

710 Words Mar 1st, 2016 3 Pages
Revenue is the profits a company receive from sale of goods or services before any cost or expenses are subtracted; it is known as the top line on a company (Investopedia, 2016). General Electric recognizes revenue when all sales are final upon delivering or sales agreement are in place. Most of the GE multiple components are in the same agreement. GE total revenue as of December 31, 2012 was $ 146,684,000, as of December 31, 2013 was $146,045,000 and as December 31, 2014 was $148,589,000 (Yahoo Finance, 2016). The revenue for all three year had big difference; for example, 2012 to 2013 had $639,000 decrease of revenue, 2013 through 2014 we see an increase in revenue of $2,544,000 (Yahoo Finance, 2016). General Electric revenue from 2012, 2013, and 2014 changed from year to year. By looking at the revenue we can see many changes happened during the cost of those years (Yahoo Finance, 2016).
Cost of revenue
Cost of revenue of a company is the total cost and delivering of a product or service to show the exact cost related to the goods and services provided to its clientele, however salaries does not include but it includes distribution and marketing Total cost of revenue (Accounting Tools, 2016). Cost of revenue as of December 31, 2012 $77,167,000, as of December 31, 2013 $79,817,000 and as of December 31, 2014 $83,859,000 (Yahoo Finance, 2016). Every year total cost went up to illustrate 2012 through 2013 it went up by $2,650,000 and from 2013 through 2014 total cost went…

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