Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of D

Question

Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars)

Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars)

Using Rhodes Corporation's financial statements (shown above), answer the following questions.

a) What is the net operating profit after taxes (NOPAT) for 2015? 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 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. Round your answers to one decimal place.

2015 $ ????? million
2014 $ ????? million

c) 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. Round your answers to one decimal place.

2015 $ ???? million
2014 $ ???? million

d) What is the free cash flow for 2015? 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

e) What is the ROIC for 2015? 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 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.

2015 2014 Sales $10,000.0 $8,000.0 Operating costs excluding depreciation 7,500.0 6,800.0 Depreciation and amortization 312.0 240.0 Earnings before interest and taxes $2,188.0 $960.0   Less: Interest 215.0 172.0 Pre-tax income $1,973.0 $788.0   Taxes (40%) 789.2 315.2 Net income available to common stockholders $1,183.8 $472.8 Common dividends $1,065.0 $378.0

Explanation / Answer

(a)

b)

2015 Net Operating Profit after tax = Earning before interest and taxes-Tax = 2188*(1-.4) = $ 1,312.80

Related Questions

Navigate

• Browse (All)
• Browse R
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.