Every rank has a word and a number. "Incredible (40)" means the rank word is Incredible — that's the column you use on the Universal Table. The 40 is the math value — what gets used for damage, lift weight, FEAT intensity, etc.
Italic gray hints under each stat tell you what that ability is used for at the table (melee, ranged, dodge, etc.).
Tags next to each power tell you what the number means in play:
Red BE tags like TB, En, Sh point to the row on the Battle Effects Table for that attack (TB = Throwing Blunt, En = Energy, Sh = Shooting, etc.). Roll the listed ability on the Universal Table; check that row for the result.
To resolve an action: pick the ability or power. Roll d% (1d100). Find that number's column on the Universal Table. Read the color — White (miss/fail), Green (hit/success), Yellow (good), Red (best). See FEATs for the full procedure.
James "Rhodey" Rhodes was a lieutenant in the United States Marines stationed in Southeast Asia when he first met Iron Man, shortly after the latter had first created his battlesuit and defeated the tyrant Wong Chu. Rhodes accompanied Iron Man through the jungle until they reached an American base. In his true identity of Anthony Stark, Iron Man offered Rhodes a job as his personal pilot after completing his military service. Years later, Rhodes finally took Stark up on his offer.
Rhodes became Stark's bestfriend and confidant, and was finally trusted even with the secret of Stark's dual identity. When Stark succumbed to alcoholism for the second time, Rhodes took over the Iron Man identity with Stark's permission. Eventually, Rhodes, the recovering Stark, and two associates moved out to Silicon valley, California to start a new electronics design company. During this time Rhodes, as Iron Man, became one of the frist members of the Avenger's West Coast branch.
Soon afterwards, Stark reassumed his role of Iron Man and took over Rhodes' place in the West Coast Avengers. When Stark found it necessary to fake his own death in order to save his own life, he left Rhodes in charge of Stark Enterprises. On learning that Stark was still alive, Rhodes angrily quit his employ. However Stark allowed Rhodes to take the new "War Machine" Iron Man battlesuit with him. This armored suit has basically the same capabilities as Stark's own, including superhuman strength, flight, and the ability to discharge "repulsor rays". As War Machine, Rhodes rejoined the Avengers West Coast and remained with them until the group disbanded.