Free Cash Flows Rhodes Corporation's financial statements are shown below. Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2020 2019 Sales $ 12,000 $ 10,000 Operating costs excluding depreciation 10,604 8,682 Depreciation and amortization 360 350 Earnings before interest and taxes $ 1,036 $ 968 Less interest 180 100 Pre-tax income $ 856 $ 868 Taxes (25%) 214 217 Net income available to common stockholders $ 642 $ 651 Common dividends $ 202 $ 200 Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars) Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars) 2020 2019 Assets Cash Short-term investments Accounts receivable Inventories Total current assets Net plant and equipment Total assets $ 450 230 2,750 1,850 $5,280 3,850 $9,130 $ 400 200 2,500 1,700 $4,800 3,500 $8,300 $ 900 450 $ 800 400 174 100 $ 1,524 $ 1,300 Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity 900 800 52,424 5,366 1,340 $ 6,706 $9,130 2,100 5,300 900 $6,200 $8,300 Suppose the federal-plus-state tax corporate tax 25%. Answer the following ustions What is the net operating profit after taxes (NOPAT) for 20207 Enter your answer in mom. For example, an answer of Sillon should be entered as 1, not 1,000,000. Round your answer to the nearest whole number million b. What are the amounts of net operating working capitator both years? Enter your owers in million, for example, an answer of 51 ion should be entered os 1, not 1,000,000. Round your answer to the nearest whole number 2020 million 20195 minion 202015 c. What are the amounts of total net operating capital for both year? Enter your answers in milions. For example, answer of 1 milion should be entered as a not 1,000,000. Found your ontwers to the nearest wole number mon 2019: million a. What is the free cash now for 20207 enter your answer in millions. For example, an answer of s1 milion should be entered me , not 1,000,000 Cashoutw. If any, should be rented by a minus sign Round your answer to the nearest whole number $ minion What is the ROIC for 20207 Hound your answer to two decimal places How much of the FCF did Ithodes use for each of the flowing purposes after tax interest, et repayments, dividends, het stock repurchases, and not purces of short-term investments in Remember that are use can be negative.) Enter your answers in million. For example, an answer of Simon should be entered as 1,4 1,000,000, Round your answers to the rest woh number Anter-tax interest payment 3 milion Reduction increase in debt $ mon Payment of dividends 5 million Repurchase (t) stock Parchase (Se) of short-term investments 5 melon 5