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

	2012		2011
Sales	$4,800.0		$4,000.0
Operating costs excluding depreciation	3,600.0		3,400.0
Depreciation	119.0		108.0
Earnings before interest and taxes	$1,081.0		$492.0
Less: Interest	103.0		86.0
Earnings before taxes	$978.0		$406.0
Taxes (40%)	391.2		162.4
Net income available to common stockholders	$586.8		$243.6
Common dividends	$528.0		$195.0

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

	2012		2011
Assets
Cash	$53.0		$44.0
Short-term investments	24.0		20.0
Accounts receivable	616.0		560.0
Inventories	1,104.0		920.0
Total current assets	$1,797.0		$1,544.0
Net plant and equipment	1,188.0		1,080.0
Total assets	$2,985.0		$2,624.0
Liabilities and Equity
Accounts payable	$520.0		$400.0
Accruals	288.0		240.0
Notes payable	96.0		80.0
Total current liabilities	$904.0		$720.0
Long-term bonds	960.0		800.0
Total liabilities	$1,864.0		$1,520.0
Common stock	989.2		1,031.0
Retained earnings	131.8		73.0
Total common equity	$1,121.0		$1,104.0
Total liabilities and equity	$2,985.0		$2,624.0

Using Rhodes Corporation's financial statements (shown above), answer the following questions.

What is the net operating profit after taxes (NOPAT) for 2012? 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

What are the amounts of net operating working capital for both years? 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. 2012 $ million 2011 $ million

What are the amounts of total net operating capital for both years? 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. 2012 $ million 2011 $ million

What is the free cash flow for 2012? 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

What is the ROIC for 2012? 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