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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 31(Millions of Dollars)20182017Sales$5,500.0$5,000.0Operating costs excluding depreciation4,538.04,250.0Depreciation and amortization149.0135.0Earnings before interest and taxes$813.0$615.0Less Interest118.0108.0Pre-tax income$695.0$507.0Taxes (40%)278.0202.8Net income available to common stockholders$417.0$304.2Common dividends$375.0$243.0Rhodes Corporation: Balance Sheets as of December 31(Millions of Dollars)20182017AssetsCash$88.0$70.0Short-term investments28.025.0Accounts receivable660.0600.0Inventories1,093.0950.0Total current assets$1,869.0$1,645.0Net plant and equipment1,485.01,350.0Total assets$3,354.0$2,995.0Liabilities and EquityAccounts payable$438.0$350.0Accruals260.0200.0Notes payable110.0100.0Total current liabilities$808.0$650.0Long-term debt1,100.01,000.0Total liabilities$1,908.0$1,650.0Common stock1,312.01,253.0Retained earnings134.092.0Total common equity$1,446.0$1,345.0Total liabilities and equity$3,354.0$2,995.0Using Rhodes Corporation's financial statements (shown above), answer the following questions.aWhat is the net operating profit after taxes (NOPAT) for 2018? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answer to one decimal place.$ millionbWhat are the amounts of net operating working capital for both years? Enter your answers in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answers to the nearest whole number.2018:$ million2017:$ millioncWhat are the amounts of total net operating capital for both years? Enter your answers in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answers to the nearest whole number.2018:$ million2017:$ milliondWhat is the free cash flow for 2018? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Cash outflow, if any, should be indicated by a minus sign. Round your answer to one decimal place.$millioneWhat is the ROIC for 2018? Round your answer to two decimal places. %fHow 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 $1.2 million should be entered as 1.2, not 1,200,000. Round your answers to one decimal place.gAfter-tax interest paymenth$millioniReduction (increase) in debtj$millionkPayment of dividendsl$ millionmRepurchase (Issue) stockn$ millionoPurchase (Sale) of short-term investmentsp$ million

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