find the

MVA for 2015

EVA for 2015

Net Fixed Asset for 2014

Net Fixed Asset 2015

Rhodes Corporation: Income Statement for Year Ending December 31 (millions of Dollars)

_____________________________________________________2015_______________2014_______

Sales 11,000 10,000

Operating Costs excluding depreciation 9,360 8,500

Depreciation and amortization 380 360

_______ _______

Earnings before interest and taxes 1,260 1,140

Less interest 120 100

________ ______

Pre-tax income 1,140 1,040

Taxes (40%) 456 416

Net income available to common shareholders 684 624

Common dividends 220 624

Rhodes Corporation: Balance Sheets for Year Ending December 31 (millions of Dollars)

________________________________________________________2015______________2014_______

Assets

Cash 550 500

Short term Investment 110 100

Account receivable 2,750 2,500

Inventories 1,650 1,500

Total current assets 5,060 4,600

Net plant and equipment 3,850 3,500

Total assets 8,910 8,100

Labilities and Equity

Account payable 1,100 1,000

Accruals 550 500

Notes payable 384 200

Total current liabilities 2,034 1,700

Long-term debt 1,100 1,000

Total liabilities 3,134 2,700

Common stock (120 million shares) 4,312 4,400

Retained earnings 1,464 1,000

Total common equity 5,776 5,400

Total liabilities and equity 8,910 8,100

Price per share 60 55

WACC 12% 12%