Hi - I need help with the steps on resolving 3 of my Finance questions from the practice homework .

1. Home Depot's common stock closed fiscal 2012 at a price of $75.30 per share. There were 1,770 million shares outstanding, At the end of 2012, the book value of Home Depot's equity was $17,785 million. Suppose the broad stock market falls 20% in a year and Home Depot's stock price falls by 15%. a. Will the company's market value added rise or fall? Rise Fall b. Should this change affect our assessment of the performance of Home Depot's managers? Yes No c. Calculate the market value added, if the stock market were unchanged and Home Depot's stock fell by 15%. (Enter your answer in millions. Round intermediate calculations and final answer to the nearest whole number.) Market value added $ million 2. At the end of 2011 Home Depot's total capitalization amounted to $29,037 million. In 2012 debt investors received interest income of $650 million. Net income to shareholders was $4,481 million. (Assume a tax rate of 35%.) Calculate the economic value added assuming its cost of capital is 10%. (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Economic value added $ million 3. Long-term debt ratio 0.3 Times interest earned 8.0 Current ratio 1.1 Quick ratio 1.0 Cash ratio 0.3 Inventory turnover 4.0 Average collection period 73 days Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Turnover and the average collection period are calculated using start-of-year, not average, values. (Enter your answers in millions. Round intermediate calculations and final answers to 2 decimal places.) INCOME STATEMENT (Figures in $ millions) Net sales $ Cost of goods sold Selling, general, and administrative expenses 23.00 Depreciation 33.00 Earnings before interest and taxes (EBIT) $ Interest expense Income before tax $ Tax (35% of income before tax) Net income $ BALANCE SHEET (Figures in $ millions) This Year Assets Last Year Cash and marketable securities $ 47 Accounts receivable 39 Inventories Total current assets $ 33 $ $ 119 38 Net property, plant, and equipment $ $157 Accounts payable $40.00 $ 35 Notes payable 50.00 55 Total assets Liabilities and shareholders' equity Total current liabilities 90 21 Long-term debt 46 Shareholders' equity Total liabilities and shareholders' equity $235.00 $157