Calculate the economic value added assuming its cost of


Home Depot entered fiscal 2016 with a total capitalization of $27,237 million. In 2016, debt investors received interest income of $838 million. Net income to shareholders was $6,369 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?

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Financial Management: Calculate the economic value added assuming its cost of
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