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What is the net operating profit after taxes (NOPAT) for 2018? Enter your answer in millions. For example, an answer of $1.2 million should be

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  1. What is the net operating profit after taxes (NOPAT) for 2018? 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
  2. What are the amounts of net operating working 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. 2018: $ million 2017: $ million
  3. 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. 2018: $ million 2017: $ million
  4. What is the free cash flow for 2018? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Cash outflow, if any, should be indicated by a minus sign. Round your answer to one decimal place. $ million
  5. What is the ROIC for 2018? Round your answer to two decimal places. %
  6. 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
Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of dollars) 2018 2017 Sales $8,250.0 $7,500.0 Operating costs excluding depreciation 6,600.0 6,375.0 Depreciation and amortization 207.0 173.0 Earnings before interest and taxes $1,443.0 $952.0 Less Interest 177.0 161.0 Pre-tax income $1,266.0 $791.0 Taxes (40%) 506.4 316.4 Net income available to common stockholders $759.6 $474.6 Common dividends $684.0 $380.0 Rhodes Corporation: Balance Sheets as of December 31 (Millions of dollars) 2018 2017 Assets Cash $137.0 $105.0 Short-term investments 42.0 38.0 Accounts receivable 1,035.0 900.0 Inventories 1,466.0 1,275.0 Total current assets $2,680.0 $2,318.0 Net plant and equipment 2,070.0 1,725.0 Total assets $4,750.0 $4,043.0 Liabilities and Equity Accounts payable $750.0 $600.0 Accruals 281.0 225.0 Notes payable 165.0 150.0 Total current liabilities ,196.0 $975.0 Long-term debt 1,650.0 1,500.0 Total liabilities $2,846.0 $2,475.0 Common stock 1,686.4 1,426.0 Retained earnings 217.6 142.0 Total common equity $1,904.0 $1,568.0 Total liabilities and equity $4,750.0 $4,043.0 Using Rhodes Corporation's financial statements (shown above), answer the following questions

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