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Using Rhodes Corporation's financial statements (shown below), answer the following questions. What is the net operating profit after taxes (NOPAT) for 2010? Enter your answer

Using Rhodes Corporation's financial statements (shown below), answer the following questions. What is the net operating profit after taxes (NOPAT) for 2010? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. $ 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. 2010 $ million 2009 $ 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. 2010 $ million 2009 $ million What is the free cash flow for 2010? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. $ million What is the ROIC for 2010? 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. 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 Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2010 2009 Sales $9,600.0 $8,000.0 Operating costs excluding depreciation 8,160.0 6,800.0 Depreciation 194.0 176.0 Earnings before interest and taxes $1,246.0 $1,024.0 Less: Interest 206.0 172.0 Earnings before taxes $1,040.0 $852.0 Taxes (40%) 416.0 340.8 Net income available to common stockholders $624.0 $511.2 Common dividends $562.0 $409.0 Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars) 2010 2009 Assets Cash and equivalents $110.0 $96.0 Short-term investments 48.0 40.0 Accounts receivable 1,248.0 960.0 Inventories 1,380.0 1,200.0 Total current assets $2,786.0 $2,296.0 Net plant and equipment 1,936.0 1,760.0 Total assets $4,722.0 $4,056.0 Liabilities and Equity Accounts payable $736.0 $640.0 Accruals 528.0 480.0 Notes payable 192.0 160.0 Total current liabilities $1,456.0 $1,280.0 Long-term bonds 1,920.0 1,600.0 Total liabilities $3,376.0 $2,880.0 Common stock 1,131.0 1,023.0 Retained earnings 215.0 153.0 Total common equity $1,346.0 $1,176.0 Total liabilities and equity $4,722.0 $4,056.0

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