Question: please help i am not sure how to do any of this! thanks! Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars)

please help i am not sure how to do any of this! thanks!  please help i am not sure how to do any of
this! thanks! Rhodes Corporation: Income Statements for Year Ending December 31 (Millions
of Dollars) 2018 2017 Sales $7,475.0 $6,500.0 Operating costs excluding depreciation 6,354.0

Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2018 2017 Sales $7,475.0 $6,500.0 Operating costs excluding depreciation 6,354.0 5,525.0 Depreciation and amortization 215.0 195.0 Earnings before interest and taxes $906.0 $780.0 Less Interest 161.0 140.0 Pre-tax income $745.0 $640.0 Taxes (40%) 298.0 256.0 Net income available to common stockholders $447.0 $384.0 Common dividends $402.0 $3070 Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars) 2018 2017 Assets $78.0 $65.0 38.0 33.0 748.0 Cash Short-term investments Accounts receivable Inventories Total current assets Net plant and equipment 650.0 975.0 1,219.0 $2,083.0 2,145.0 $1,723.0 1,950.0 Total assets $4,228.0 $3,673.0 $429.0 $390.0 761.0 585.0 Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt 150.0 130.0 $1,340.0 $1,105.0 1,300.0 1.495.0 $1,340.0 $1,105.0 Long-term debt 1,495.0 1,300.0 Total liabilities $2,835.0 $2,405.0 Common stock 1,232.0 1,152.0 Retained earings 161.0 1160 Total common equity $1,393.0 $1,268,0 Total liabilities and equity $4,2280 $3,673.0 Using Rhodes Corporation's financial statements (shown above), answer the following questions 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 b. What are the wounts of niet operating working capital for both years? Enter your answers in millions. For example, an answer of 1 million should be entered s 1. net 1,000,000. Round your answers to the nearest whole number 201503 million 2017 million c. What are the amounts of total cooperating capital for both years? Enter your answers in million. For example, an answer of 5 million should be entered os ince 1,000,000. Round your wer to the nearest whole number 2015 million 2017: million d. What is the free cash flow for 2017 Enter your answer in million. For example, an answer of 1.2 million should be entered as 1.2. not 1,200,000 Cash outflow any should be indicated by a mission Round your answer to one decimal place million What is the ROIC for 2018 Hound your answer to two decimal places e. What is the ROIC for 2018? Round your answer to two decimal places . How much of the FCF did Rhodes une for each of the following purposes after interest, net debt repayments, dividende, net stock repurchases, and not purchases of short term investments? Cont: Remember that ane te can be negativn:) Enter your answer is millions. For example, an answer of 51.2 million should be entered as 12. not 1,200,000 Round your answers to one decimal place Alter tax interest payment million Reduction (increase in debt million Payment of dividende Repurchase (e)stock Purchase of short term westments

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!