Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars)

	2016		2015
Sales	$2,500.0		$2,000.0
Operating costs excluding depreciation	2,000.0		1,700.0
Depreciation and amortization	68.0		54.0
Earnings before interest and taxes	$432.0		$246.0
Less: Interest	54.0		43.0
Pre-tax income	$378.0		$203.0
Taxes (40%)	151.2		81.2
Net income available to common stockholders	$226.8		$121.8
Common dividends	$204.0		$97.0

Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars)

	2016		2015
Assets
Cash	$35.0		$30.0
Short-term investments	13.0		10.0
Accounts receivable	264.0		220.0
Inventories	546.0		420.0
Total current assets	$858.0		$680.0
Net plant and equipment	675.0		540.0
Total assets	$1,533.0		$1,220.0
Liabilities and Equity
Accounts payable	$161.0		$140.0
Accruals	144.0		120.0
Notes payable	50.0		40.0
Total current liabilities	$355.0		$300.0
Long-term bonds	500.0		400.0
Total liabilities	$855.0		$700.0
Common stock	618.2		483.0
Retained earnings	59.8		37.0
Total common equity	$678.0		$520.0
Total liabilities and equity	$1,533.0		$1,220.0

What is the ROIC for 2016? Round your answer to two decimal places. %

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

$ million

Reduction (increase) in debt

$ million

Payment of dividends

$ million

Repurchase (Issue) stock

$ million

Purchase (Sale) of short-term investments

$ million