Suppose the federal-plus-state tax corporate tax is 25%. Answer the following questions a. What is the net operating profit after taxes (NOPAT) for 2020? Enter your answer in millions. For example, an answer of 1 million should be entered as 1, not 1,000,000. Round your answer to the nearest whole number, $ million b. What are the amounts of net operating working capital for both years? Enter your answers in million. For example, an answer of $1 million should be entered as 1. not 1,000,000. Round your answers to the nearest whole number 2020: 5 million 2019: 5 million c. What 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 2020: 5 million 2019: 5 million d. What is the free cash flow for 2020? Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Cash outflow, if any, should be indicated by a minus sign. Round your answer to the nearest whole number $ million e. What is the ROIC for 2020? Round your answer to two decimal places f. 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 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 7:36 PM 3/25/2022 2020 2019 Assets $ 450 $ 400 230 200 Cash Short-term investments Accounts receivable Inventories Total current assets Net plant and equipment Total assets 2,750 1,750 $5,180 3,750 $8,930 2,500 1,500 $4,600 3,500 $8,1bo Liabilities and Equity Accounts payable $ 900 $ 800 Accruals 450 400 Notes payable 368 200 Total current liabilities $1,718 $1,400 Long-term debt 900 800 Total liabilities $2,618 2,200 Common stock 4,538 4,600 Retained earnings 1,774 1,300 Total common equity $6,312 $5,900 Total liabilities and equity $8,930 $8,100 Suppose the federal-plus-state tax corporate tax is 25%. Answer the following questions. 2020: $ W number million 2019: $ million d. What is the free cash flow for 2020? Enter your answer in millions. For example, an answer of $1 million should be entered as 1. not 1,000,000. Cash outflow, if any, should be indicated by a minus sign. Round your answer to the nearest whole number $ million e. What is the ROIC for 2020? Round your answer to two decimal places. 96 f. How much of the FCF did Rhodes use for each of the following purposel: 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 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. After-tax interest payment million Reduction (increase) in debt $ million $ million Payment of dividends Repurchase (Issue) stock million million Purchase (Sale) of short-term investments 5 $ $ Save & Continue Continue without saving
