Reference no: EM13381965

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