hodes Corporation Balance Sheet As of December 31, 2012 In thousands USD
20122011
Cash
164,560
107,670
A|R
165,384
102,632
Inventories
61,510
44,978
Total Current Assets
391,454
255,281
Net Fixed Assets
107,464
50,923
Total Assets
498,918
306,204
Account Payable
49,218
27,731
Accruals
48,763
27,187
Notes Payable
26,747
17,060
Total Current Liabilities
124,728
71,978
Long Term Debt
122,022
76,697
Total Liabilities
246,750
148,675
Common Stock
160,000
111,000
Retained Earnings
92,168
46,529
Total Common Equity
252,168
157,529
Total Liabilities and Equity
498,918
306,204
We know that the corporate tax rate for Rhodes Corporation has been a constant 40% and
its dividend payout ratio was steady at 30%. 1) Construct Rhodes statement of stockholderAf?cA????1A????1s equity for 2012 2) We also know that in 2012, the corporation paid $18,077,052 in interest, and that Depreciation and
Amortization costs amounted to $11,821,040. Rhodes controls its cost so as to maintain EBITDA
equal to 15% of sales. What was the net sales amount for 2012?
3) What is the 2012 Free Cash Flow?
4) Construct the statement of Cash Flows for 2012