financial management statements are shown

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Transcript: Meroe Park talks with Michael Morell on “Intelligence Issues”

Rhodes Corporation’s financial statements are shown after part f. Suppose the federal-plus-state tax corporate tax is 25%. Answer the following questions.

a. What is the net operating profit after taxes (NOPAT) for 2020?

b. What are the amounts of net operating working capital for both years?

c. What are the amounts of total net operating capital for both years?

d. What is the free cash flow for 2020?

e. What is the ROIC for 2020?

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.)