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The following table gives abbreviated balance sheets and income statements for Walmart. At the end of fiscal 2 0 1 9 , Walmart had 2
The following table gives abbreviated balance sheets and income statements for Walmart. At the end of fiscal Walmart had
million shares outstanding with a share price of $ The company's weightedaverage cost of capital was about Assume a tax
rate of
a Calculate the market value added.
Note: Enter your answer in millions rounded to nearest whole number.
b Calculate the markettobook ratio.
Note: Round your answer to decimal places.
c Calculate the economic value added.
Note: Do not round intermediate calculations. Enter your answer in millions rounded to nearest whole number.
d Calculate the return on startoftheyear capital.
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.
Answer is complete but not entirely correct.
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