Question

What are the Balance Sheet Ratios (debt-to-asset and debt-to-equity ratios) for the following financial information? (PLEASE SHOW WORK SO I CAN UNDERSTAND HOW THIS WAS DONE. Thank you)

GENERAL ELECTRIC CO (GE) CashFlowFlag BALANCE SHEET
Fiscal year ends in December. USD in millions except per share data.	2014-12	2015-12
Assets
Current assets
Cash
Cash and cash equivalents	90208	70483
Short-term investments	47907	31973
Total cash	138115	102456
Receivables	23237	27022
Inventories	17689	22515
Other current assets	233911	18834
Total current assets	412952	170827
Non-current assets
Property, plant and equipment
Gross property, plant and equipment	113321	90961
Accumulated Depreciation	-46934	-35927
Net property, plant and equipment	66387	54095
Equity and other investments	33822	12673
Goodwill	76553	65526
Intangible assets	14156	16745
Deferred income taxes	2541	3105
Other long-term assets	41938	169721
Total non-current assets	235397	321865
Total assets	648349	492692
Liabilities and stockholders' equity
Liabilities
Current liabilities
Short-term debt	79231	50810
Accounts payable	16338	13680
Accrued liabilities	12537	15776
Other current liabilities	54990	25764
Total current liabilities	163096	106030
Non-current liabilities
Long-term debt	222910	147466
Deferred taxes liabilities
Pensions and other benefits		40487
Minority interest	8674	1864
Other long-term liabilities	125510	98571
Total non-current liabilities	357094	288388
Total liabilities	520190	394418
Stockholders' equity
Preferred stock		6
Common stock	702	702
Additional paid-in capital	32889	37613
Retained earnings	155333	140020
Treasury stock	-42593	-63539
Accumulated other comprehensive income	-18172	-16528
Total stockholders' equity	128159	98274
Total liabilities and stockholders' equity	648349	492692
GENERAL ELECTRIC CO (GE) CashFlowFlag INCOME STATEMENT
Fiscal year ends in December. USD in millions except per share data.	2014-12	2015-12
Revenue	148589	117386
Cost of revenue	81311	82693
Gross profit	67278	34693
Operating expenses
Sales, General and administrative	30572	17831
Other operating expenses	9995
Total operating expenses	40567	17831
Operating income	26711	16862
Interest Expense	9482	3463
Other income (expense)		-5213
Income before taxes	17229	8186
Provision for income taxes	1772	6486
Net income from continuing operations	15457	1700
Net income from discontinuing ops	-112	-7495
Other	-112	-331
Net income	15233	-6126
Preferred dividend		18
Net income available to common shareholders	15233	-6144
Earnings per share
Basic	1.51	-0.62
Diluted	1.5	-0.61
Weighted average shares outstanding
Basic	10045	9944
Diluted	10123	10016
EBITDA	35994	16496
GENERAL ELECTRIC CO (GE) Statement of CASH FLOW
Fiscal year ends in December. USD in millions except per share data.	2014-12	2015-12
Cash Flows From Operating Activities
Net income	15345	-6126
Depreciation & amortization	9283	4847
Deferred income taxes	-1186	383
(Gain) Loss from discontinued operations	112	7495
Accounts receivable
Inventory	-872	-314
Accounts payable	305	-541
Other working capital	-2428	-1048
Other non-cash items	7151	15195
Net cash provided by operating activities	27710	19891
Cash Flows From Investing Activities
Investments in property, plant, and equipment	-13727	-7309
Property, plant, and equipment reductions	6262	3020
Acquisitions, net	311	-9744
Sales/Maturities of investments
Other investing activities	2124	73521
Net cash used for investing activities	-5030	59488
Cash Flows From Financing Activities
Debt issued	37548	13951
Debt repayment		-47038
Preferred stock issued
Common stock issued	2842
Dividend paid	-8851	-9295
Other financing activities	-48497	-33672
Net cash provided by (used for) financing activities	-16958	-76054
Effect of exchange rate changes	-3492	-3464
Net change in cash	2230	-139
Cash at beginning of period	88787	91017
Cash at end of period	91017	90878
Free Cash Flow
Operating cash flow	27710	19891
Capital expenditure	-13727	-7309
Free cash flow	13983	12582