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Home Depot entered fiscal 2017 with a total capitalization of $21,922 million. In 2017, debt investors...

Home Depot entered fiscal 2017 with a total capitalization of $21,922 million. In 2017, debt investors received interest income of $883 million. Net income to shareholders was $8,672 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.)

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ekkarill92 answered 1 year ago
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