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Free Cash Flows Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2016 2015 Sales $1,875.0 $1,500.0 Operating costs excluding depreciation 1,500.0

Free Cash Flows Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2016 2015 Sales $1,875.0 $1,500.0 Operating costs excluding depreciation 1,500.0 1,275.0 Depreciation and amortization 52.0 44.0 Earnings before interest and taxes $323.0 $181.0 Less Interest 40.0 32.0 Pre-tax income $283.0 $149.0 Taxes (40%) 113.2 59.6 Net income available to common stockholders $169.8 $89.4 Common dividends $153.0 $72.0 Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars) 2016 2015 Assets Cash $27.0 $21.0 Short-term investments 10.0 8.0 Accounts receivable 207.0 180.0 Inventories 270.0 225.0 Total current assets $514.0 $434.0 Net plant and equipment 522.0 435.0 Total assets $1,036.0 $869.0 Liabilities and Equity Accounts payable $137.0 $105.0 Accruals 59.0 45.0 Notes payable 38.0 30.0 Total current liabilities $234.0 $180.0 Long-term debt 375.0 300.0 Total liabilities $609.0 $480.0 Common stock 384.2 363.0 Retained earnings 42.8 26.0 Total common equity $427.0 $389.0 Total liabilities and equity $1,036.0 $869.0 Using Rhodes Corporation's financial statements (shown above), answer the following questions.

What is the net operating profit after taxes (NOPAT) for 2016? 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 answer to one decimal place. $ 193.8 million

What are the amounts of net operating working capital for both years? 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. 2016 $ 308 million 2015 $ 276 million

What are the amounts of total net operating capital for both years? 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. 2016 $ 830 million 2015 $ 711 million

Here and down I cant seem to get the equations

What is the free cash flow for 2016? 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 answer to one decimal place. $ 86.1 million What is the ROIC for 2016? Round your answer to two decimal places. %

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 $ million

Payment of dividends $ million

Repurchase (Issue) stock $ million

Purchase (Sale) of short-term investments $ million

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