hi, can you please help with exercise 11.7 and 11.8

E11.7. Applying Cash Flow Relations (Medium) An analyst prepared reformulated balance sheets for the years 2012 and 2011 as follows (in millions of dollars): 2012 2011 Operating assets $640 $590 Financial assets 250 110 890 700 Financial debt 170 130 Operating liabilities 20 30 Common equity 700 540 $890 $700 The firm reported $100 million in comprehensive income for 2012 and no net financial income or expense. a. Calculate the free cash flow for 2012. b. How was the free cash flow disposed of ? c. How can a firm with financial assets and financial liabilities have zero net financial income or expense?Applications E11.8. Free Cash Flow and Financing Activities: General Electric Company (Easy) The following summarizes free cash flows generated by General Electric from 2000-2004 (in millions of dollars). 2000 2001 2002 2003 2004 Cash from operations 30,009 39,398 34,848 36,102 36,484 Cash investments 37,699 40,308 61,227 21,843 38,414 Free cash flow (7,690) (910) (26,379) 14,259 (1,930) a. Explain why such a profitable firm as General Electric can have negative free cash flow. b. In 2005, the firm announced that the years of building its set of businesses was "largely behind it," so it would be slowing its investment activity. What is the likely effect on free cash flow? How will GE's financing activities likely change? What are the financing alternatives in light of the changed free cash flow