Posts Tagged: power industry

The GE Plunge

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

General Electric Co.’s stock has tumbled the most it has seen in six years. This is due to a deteriorating outlook stoked by fears that the company will cut its dividend for only the second time since the Great Depression. Questions: 1.What is causing the drop, according to Jeff Windau, an analyst at Edward Jones?… Read more »