Company: General Electric Company (GE)

Item	Amount (in millions)
Net Income	$5,500
Depreciation and Amortization	$4,000
Change in Working Capital	$-500
Cash Flow from Operating Activities	$9,000
Capital Expenditures	$2,000
Cash Flow from Investing Activities	-$2,500
Cash Flow from Financing Activities	$1,000
Beginning Cash Balance	$10,000
Ending Cash Balance	$17,500

Questions:

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