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Can you please label the parts Free Cash Flows Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2018 2017 Sales $1,100.0
Can you please label the parts
Free Cash Flows Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2018 2017 Sales $1,100.0 $1,000.0 Operating costs excluding depreciation 935.0 850.0 Depreciation and amortization 24.0 22.0 Earnings before interest and taxes $141.0 $128.0 Less Interest 24.0 22.0 Pre-tax income $117.0 $106.0 Taxes (40%) 46.8 42.4 Net Income available to common stockholders $70.2 $63.6 Common dividends $63.0 $51.0 Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars) 2018 2017 $14.0 6.0 $12.0 5.0 Assets Cash Short-term investments Accounts receivable Inventories Total current assets Net plant and equipment Total assets 132.0 300.0 110.0 250,0 $377.0 $452.0 242.0 220.0 $694.0 $597.0 Liabilities and Equity Accounts payable $110.0 $100.0 Llabilities and Equity Accounts payable $110.0 $100.0 Accruals 33.0 30.0 Notes payable 22.0 20.0 Total current liabilities $165.0 $150.0 Long-term debt 220.0 200.0 Total liabilities $385.0 $350.0 Common stock 282.8 228.0 Retained earnings 26.2 19.0 Total common equity $309.0 $247.0 Total liabilities and equity $694.0 $597.0 Using Rhodes Corporation's financial statements (shown above), answer the following questions. .. What is the net operating profit after taxes (NOPAT) for 2018? Enter your answer vrimillons. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answer to one decimal place. milion b. What are the amounts of net operating working capital for both years? Enter your answers in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answers to the nearest whole number 2018: million 2017: 5 million c. What are the amounts of total net operating capital for both years? Enter your answers in millons. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answers to the nearest whole number S 2018: 5 2017: million million d. What is the tree cash flow for 2018? Enter your answer in min. For example, answer of $1.2 million should be entered as 1.2. nt 1,200,000 Cash outlow, if any, should be indicated by a minus sign. Round your newer to one decimal place . What is the free cash flow for 2018? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Cash outflow, if any, should be indicated by a minus sign. Round your answer to one decimal place. million e. What is the ROIC for 2018? Round your answer to two decimal places. $ 1. How much of the FCF did Rhodes use for each of the following purposes: after-tax interest, net debt repayments, dividends, net stock repurchases, and net purchases of short-term investments? (Hint: Remember that a net use can be negative.) Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answers to one decimal place. After-tax interest payment million Reduction (increase) in debt $ Payment of dividends Repurchase (Issue) stock million Purchase (Sale) of short-term investments million $ million $ million Check My Work Olon Key Problem 6-12 Free Cash Flows) Question of Submit Assignment for Grading Save Notes Step by Step Solution
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