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The Cash Flow Statement is from GE Based on the items found in the GEs Cash Funds Flow Statement would you purchase GE Stock please
The Cash Flow Statement is from GE
Based on the items found in the GEs Cash Funds Flow Statement would you purchase GE Stock please provide reasons using the information from the cash flow statement and use numbers when those numbers would support your conclusions.
General Electric Company For the years ended December 31 n mtion) Cash flows-operating activities Net earrings (oss) Less net Net earnings (loss) attributable to the Company Earings) loss from disconinued operations 8,540 S(5 5,795) Loss) attributable to non nterests to reconcile net eamings attributable to the to cash provided from operating activities Depreciation and amortization of property, plant and equipment 4997 Earmings) loss from continuing operations retained by GE Capital Deferred income taxes 4,845) Decrease (increase) in GE current receivables Decrease (increase) in invendories (1,389) Increase (decrease) in accounts payable Increase (decrease) in GE progress collecions 1,838 All other Cash from (used for) opersting activites-continuing operations Cash from (used for) Cash from (used for actvities Cash flows -investing activities Addibions to property, plant and equipment Dispostions of property, plant and equipment Additions to internal-use sotware Net decrease (increase) in GE Capital financing receivables Proceeds from sale of discontinued operations Proceeds from principal business dispostions Net cash from (payments for) principal businesses purchased All other Cash from (used for) investing activibes-continuing operations Cash from (used for) Cash from (used f 7,309) 3,020 7,371) 79,615 6,087) 2271) (12,027) actviies-discontinued operations Cash flows-financing activities Net increase (decrease) in bonrowings (maturibes of 90 days or less) Newly issued debt (maturities longer than 90 days) Repayments and other reductions (maturbes longer than S0 days) Net dispositions (purchases) of GE shares for treasury Dividends paid to shareowners All other Cash from (used for) financing activites-continuing operations Cash from (used for) financing activites-discontinued Cash from (used for) financing activities Effect of currenc Increase (decrease) in cash and equivalents Cash and equivalents at Cash and equivalents at end of year Less cash and equivalents of discontinued operations st end of year Cash and equivalents ofc Supplemental disclosure of cash flows information Cash paid during the year for interest Cash recovered (paid) during the year for income taxes (1,135) (24,459) (25,622 58,768 7,038) (1,099) 9,295) 2550) (21,423) (8,650) (8,805) 21,055) (89,920) (69,547) 76,054) on cash and equivalents 5,507) 91,017 operations at end of $(5,049)(5,779) 7,469) 8,784) (2 (2,436)Step by Step Solution
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