Hodes Corporation Balance Sheet As of December 31, 2012 In thousands USD
|
|
2012 |
2011 |
|
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 stockholder?
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