Free Cash Flows Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2018 2017 Sales $7,475.0 $6,500.0 Operating costs excluding depreciation 6,354.0 5,525.0 Depreciation and amortization 179.0 143.0 Earnings before interest and taxes $942.0 $832.0 Less Interest 161.0 140.0 Pre-tax income $781.0 $692.0 Taxes (40%) 312.4 276.8 Net income available to common stockholders $468.6 $415.2 Common dividends $422.0 $332.0 Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars) 2018 2017 Assets Cash $94.0 $72.0 Short-term investments 38.0 33.0 Accounts receivable 897.0 780.0 Inventories 1,690.0 1,300.0 Total current assets $2,719.0 $2,185.0 Net plant and equipment 1,788.0 1,430.0 Total assets $4,507.0 $3,615.0 Liabilities and Equity Accounts payable $676.0 $520.0 Accruals 644.0 585.0 Notes payable 150.0 130.0 Total current liabilities $1,470.0 $1,235.0 Long-term debt 1,495.0 1,300.0 Total liabilities $2,965.0 $2,535.0 Common stock Retained earnings 1,370.4 955.0 171.6 125.0 Total common equity Total liabilities and equity $1,542.0 $1,080.0 $4,507.0 $3,615.0 Using Rhodes Corporation's financial statements (shown above), answer the following questions.