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Determine and calculate the economic value

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Point 1: Home Depot entered fiscal 2017 with a total capitalization of $21,895 million. In 2017, debt investors received interest income of $874 million. Net income to shareholders was $8,645 million. (Assume a tax rate of 21%.)

Question 1: 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.)

 

Reference no: EM132475659

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