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In the following questions, use the balance sheet and the income statements of Walmart shown below. At the end of 2019, Walmart had 2,832 million

In the following questions, use the balance sheet and the income statements of Walmart shown below.

At the end of 2019, Walmart had 2,832 million shares outstanding with a share price of $94. The company's weighted-average cost of capital was about 5%. Assume the corporate tax rate was 21%.

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What was the economic value added (EVA) in 2019?

Liabilities and Shareholders' Equity Current liabilities Accounts payable Other current liabilities Total current liabilities Long-term debt Other long-term liabilities Total liabilities Total shareholders' equity Total liabilities and shareholders' equity \begin{tabular}{rrr} $46,973 & & $47,060 \\ 30,817 & 30,417 \\ \hline$77,790 & & $77,477 \\ 43,714 & & 43,520 \\ 33,439 & & 18,664 \\ \hline$154,943 & $139,661 \\ 81,552 & & 79,634 \\ \hline$236,495 & & $219,295 \end{tabular} Income Statement Net sales Cost of goods sold Selling, general, and administrative expenses Depreciation $523,964394,60597,80410,9872,147$22,7152,599$20,1164,915$15,201

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