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Home Depot entered fiscal 2017 with a total capitalization of $21,880 million. In 2017, debt investors received interest income of $869 million. Net income to
Home Depot entered fiscal 2017 with a total capitalization of $21,880 million. In 2017, debt investors received interest income of $869 million. Net income to shareholders was $8,630 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.)
what is the economic value added in million ?
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