Home Depot entered fiscal 2017 with a total capitalization of $21,898 million. In 2017, debt investors received

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Home Depot entered fiscal 2017 with a total capitalization of $21,898 million. In 2017, debt investors received interest income of $875 million. Net income to shareholders was $8,648 million. (Assume a tax rate of 21%.)

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.)

Posted Date: May 19, 2024 07:16 PM

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Home Depot entered fiscal 2017 with a total capitalization of $21,898 million. In 2017, debt investors received

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