Question
Rhodes Corporation Income Statements20152014 Sales$27,500$25,000Operatingcosts excluding depreciation$23,400$21,250Depreciationand amortization$950$900Earningsbefore interest and taxes$3,150$2,850Less interest$300$250Pre-tax income$2,850$2,600Taxes (40%)$1,140$1,040Net incomeavailable to common stockholders$1,710$1,560Common dividends$550$500 Rhodes Corporation Balance Sheets20152014 Assets20152014Cash$1,375$1,250Short-term investments$275$250Accounts
Rhodes Corporation Income Statements20152014Sales$27,500$25,000Operatingcosts excluding depreciation$23,400$21,250Depreciationand amortization$950$900Earningsbefore interest and taxes$3,150$2,850Less interest$300$250Pre-tax income$2,850$2,600Taxes (40%)$1,140$1,040Net incomeavailable to common stockholders$1,710$1,560Common dividends$550$500Rhodes Corporation Balance Sheets20152014Assets20152014Cash$1,375$1,250Short-term investments$275$250Accounts receivable$6,875$6,250Inventories$4,125$3,750Total current assets$12,650$11,500Net plant and equipment$9,625$8,750Total assets$22,275$20,250Liabilities and EquityAccounts payable$2,750$2,500Accruals$1,375$1,250Notes payable$960$500Total current liabilities$5,085$4,250Long-term debt$2,750$2,500Total liabilities$7,835$6,750Common stock$10,780$11,000Retained earnings3,660$2,500Total common equity$14,440$13,500Total liabilities and equity$22,275$20,250
What is the net operating profit after taxes (NOPAT) for Rhodes Corporation for the year2015?
$1,710 $1,560 $756 $1,260 $1,890
What is the amount ofnet operating working capitalfor Rhodes Corporation for the year2014?
$3,300$7,500$3,000$7,250$11,500
What is the amount oftotal net operating capitalfor2015for Rhodes Coporation?
$13,500$7,150$16,250$17,875$13,500
What is the amount of free cash flow for the year 2015 for Rhodes Corporation?
$7,150$650$1,625$106$265
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