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. Do not round intermediate calculations. Round your answer to one decimal place.

What are the amounts of net operating working capital for both years? Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Do not round intermediate calculations. Round your answers to one decimal place.

2018

2017

What are the amounts of total net operating capital for both years? Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Do not round intermediate calculations. Round your answers to one decimal place.

2018:

2017:

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. Do not round intermediate calculations. Round your answer to one decimal place.

What is the ROIC for 2018? Round your answer to one decimal place.

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 $1.2 million should be entered as 1.2, not 1,200,000. Do not round intermediate calculations. Round your answers to one decimal place.

After-tax interest payment
Reduction (increase) in debt
Payment of dividends
Repurchase (Issue) stock
Purchase (Sale) of short-term investments

Free Cash Flows
(All dollar values are provided in millions.)
2018			2017
Sales, ST Invest, Notes Pay, LT Debt factor increase	1.20		Sales	$2,000
Operating costs as % of sales	82.50%		Cash as % of sales	1.10%
Cash factor increase	1.25		Accts Rec as % of sales	14.00%
Accts. Rec factor increase	1.25		Inventory as % of sales	16.00%
Inventory factor increase	1.20		Net Plant & Equip as % of sales	29.00%
Net Plant & Equip factor increase	1.15		Accts Pay as % of sales	7.00%
Accts Pay factor increase	1.20		Accruals as % of Sales	7.00%
Accruals factor increase	1.10
			Operating cost as % of sales	85.00%
Depreciation as % of Net Plant & Equip	10.00%		Depreciation as % of Net Plant & Equip	10.00%
Interest rate	10.00%		Interest rate	10.00%
Tax rate	40.00%		Tax rate	40.00%
Payout rate	90.00%		Payout rate	80.00%
			Short-term investments as % of sales	0.50%
			Notes payable as % of sales	2.00%
			Long-term debt as % of sales	20.00%
			Retained earnings multiple factor	1.50
Income Statements:	2018		2017
Sales	$2,400.0		$2,000.0
Operating costs excluding depreciation	1,980.0		1,700.0
Depreciation and amortization	66.7		58.0
Earnings before interest and taxes	$353.3		$242.0
Less interest	51.6		43.0
Pre-tax income	$301.7		$199.0
Taxes	120.7		79.6
Net income available to common stockholders	$181.0		$119.4
Common dividends	$162.9		$95.5
Balance Sheets:	2018		2017
Assets
Cash	$27.5		$22.0
Short-term investments	12.0		10.0
Accounts receivable	350.0		280.0
Inventories	384.0		320.0
Total current assets	$773.5		$632.0
Net plant and equipment	667.0		580.0
Total assets	$1,440.5		$1,212.0
Liabilities and Equity
Accounts payable	$168.0		$140.0
Accruals	154.0		140.0
Notes payable	48.0		40.0
Total current liabilities	$370.0		$320.0
Long-term debt	480.0		400.0
Total liabilities	$850.0		$720.0
Common stock	536.6		456.2
Retained earnings	53.9		35.8
Total common equity	$590.5		$492.0
Total liabilities and equity	$1,440.5		$1,212.0