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  3. for the fiscal year ending december 31, 2023, gene

For the fiscal year ending December 31, 2023, General Electric Company (GE) reported the following...

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Question

Accounting

For the fiscal year ending December 31, 2023, General Electric Company (GE) reported the following figures: Net Income of $5,500 million, Depreciation and Amortization of $4,000 million, and a change in Working Capital of -$500 million. GE’s Capital Expenditures were $2,000 million, Cash Flow from Operating Activities was $9,000 million, and Cash Flow from Investing Activities was -$2,500 million. The beginning Cash Balance was $10,000 million, and the ending Cash Balance was $17,500 million.

Questions:

  1. Calculate GE’s free cash flow.
  2. Determine the net change in cash for GE.
  3. If GE’s revenue was $85,000 million, what is the cash flow to sales ratio?
  4. What is the cash flow from operations to net income ratio?
  5. If GE paid $1,200 million in dividends, what is the dividend payout ratio?

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