Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer incorrect answers only Homework Ch 6 - Accounting for Fin. Mgmt. Free Cash Flows begin{tabular}{|cc|} hline 12 & 0 13. & 0

please answer incorrect answers only image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Homework Ch 6 - Accounting for Fin. Mgmt. Free Cash Flows \begin{tabular}{|cc|} \hline 12 & 0 \\ 13. & 0 \\ 14. & 0 \\ 15. & 0 \\ 16. & 0 \\ 17. & 0 \\ \hline \end{tabular} Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) a. What is the net operating profit after taxes (NOPAT) 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. Round your answer to one decimal place. $ million 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:$2017:$millionmiltion c. What are the amounts of total net operating 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:$2017:$QmillionZmillion d. 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. s million e. What is the ROIC for 2018 ? Round your answer to two decimal places. % f. 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 miltions. For example, an answer of $1.2 million should be entered as 1.2 , not 1.200 .000 . Round vour answers to nne derimal nlace. f. 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 $1.2 million should be entered as 1.2 , not 1,200,000. Round your answers to one decimal place. After-tax interest payment - Reduction (increase) in debt Payment of dividends Repurchase (Issu) stock Purchase (Sale) of short-term investments \begin{tabular}{|l|l} \hline$ & miltion \\ \hline$ & million \\ \hline$ & million \\ \hline$ & million \\ $ & million \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Multinational Business Finance

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

11th Edition

0321357965, 978-0321357960

More Books

Students also viewed these Finance questions

Question

1. Explain reasons for rules.

Answered: 1 week ago

Question

What factors infl uence our perceptions?

Answered: 1 week ago