What was the net sales amount for 2012

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Reference no: EM13213289

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

Reference no: EM13213289

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