Question

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?

Answer 1

The correct answer for this question is this one: Rhodes use for each of the following purposes of the FCF: that includes

After-tax interest payment $ million24*1-.4 = 14.4
Reduction (increase) in debt $ million-2-20 = (22)
Payment of dividends $ million77
Repurchase (Issue) stock $ million 217-255.2 = (38.2)
Purchase (Sale) of short-term investments $ million1.0