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Rhodes Corporation: Income Statements for Year Ending December 3 1 ( Millions of Dollars ) 2 0 1 8 2 0 1 7 Sales$ 5
Rhodes Corporation: Income Statements for Year Ending December Millions of DollarsSales$$Operating costs excluding depreciationDepreciation and amortizationEarnings before interest and taxes$$Less InterestPretax income$$Taxes Net income available to common stockholders$$Common dividends$$Rhodes Corporation: Balance Sheets as of December Millions of DollarsAssetsCash$$Shortterm investmentsAccounts receivableInventoriesTotal current assets$$Net plant and equipmentTotal assets$$Liabilities and EquityAccounts payable$$AccrualsNotes payableTotal current liabilities$$Longterm debtTotal liabilities$$Common stockRetained earningsTotal common equity$$Total liabilities and equity$$Using Rhodes Corporation's financial statements shown above answer the following questions.aWhat is the net operating profit after taxes NOPAT for Enter your answer in millions. For example, an answer of $ million should be entered as not Round your answer to one decimal place.$ millionbWhat are the amounts of net operating working capital for both years? Enter your answers in millions. For example, an answer of $ million should be entered as not Round your answers to the nearest whole number:$ million:$ millioncWhat are the amounts of total net operating capital for both years? Enter your answers in millions. For example, an answer of $ million should be entered as not Round your answers to the nearest whole number:$ million:$ milliondWhat is the free cash flow for Enter your answer in millions. For example, an answer of $ million should be entered as not Cash outflow, if any, should be indicated by a minus sign. Round your answer to one decimal place.$millioneWhat is the ROIC for Round your answer to two decimal places. fHow much of the FCF did Rhodes use for each of the following purposes: aftertax interest, net debt repayments, dividends, net stock repurchases, and net purchases of shortterm investments? Hint: Remember that a net use can be negative. Enter your answer in millions. For example, an answer of $ million should be entered as not Round your answers to one decimal place.gAftertax interest paymenth$millioniReduction increase in debtj$millionkPayment of dividendsl$ millionmRepurchase Issue stockn$ millionoPurchase Sale of shortterm investmentsp$ million
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