At the end of 2011 Home Depot’s total capitalization amounted to $29,031 million. In 2012 debt investors received interest income of $648 million. Net

At the end of 2011 Home Depot’s total capitalization amounted to $29,031 million. In 2012 debt investors received interest income of $648 million. Net income to shareholders was $4,487 million. (Assume a tax rate of 35%.) Calculate the economic value added assuming its cost of capital is 10%. (Do not round intermediate calculations. Give your answer in millions rounded to 2 decimal places.)

Edited by  fall guys 

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Applied Managerial Finance Financial Engineering to Enhance Shareholder Value Assessment Title Instructions: Create an 8–10 slide presentation to your

Applied Managerial Finance Financial Engineering to Enhance Shareholder Value Assessment Title Instructions: Create an 8–10 slide presentation to your staff describing the analysis you completed, linking what tools you utilized and why you chose those tools. Use data to support your evidence-based financial decisions. Also explain your recommendations to maximize

see uploaded file Week 1 Assignment: Essay 1 Collaborate Session Kindly complete your Week 1 Assignment: Essay 1 as soon as practical,

see uploaded file Week 1 Assignment: Essay 1 Collaborate Session Kindly complete your Week 1 Assignment: Essay 1 as soon as practical, whereby you view the Archived Recorded Video. INSTRUCTIONS: Simply click or copy/paste the following link to view the lecture Recording: dDIcopUkReSuGO6xnvlr9JQBaiYD.twm0VxJZ42gj2KHY Passcode: G^$+y&11 The Session will be approximately

see uploaded file Week 1 Assignment: Essay 1 Collaborate Session Kindly complete your Week 1 Assignment: Essay 1 as soon as practical,

see uploaded file Week 1 Assignment: Essay 1 Collaborate Session Kindly complete your Week 1 Assignment: Essay 1 as soon as practical, whereby you view the Archived Recorded Video. INSTRUCTIONS: Simply click or copy/paste the following link to view the lecture Recording: dDIcopUkReSuGO6xnvlr9JQBaiYD.twm0VxJZ42gj2KHY Passcode: G^$+y&11 The Session will be approximately