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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
Balance Sheet figures in $ millions
Fiscal Fiscal
Assets
Current assets:
Cash and marketable securities $ $
Accounts receivable
Inventories
Other current assets
Total current assets $ $
Fixed assets:
Net fixed assets $ $
Other longterm assets
Total assets $ $
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable $ $
Other current liabilities
Total current liabilities $ $
Longterm debt
Other longterm liabilities
Total liabilities $ $
Total shareholders' equity
Total liabilities and shareholders equity $ $
Income Statement figures in $ millions
Net sales $
Cost of goods sold
Selling, general, and administrative expenses
Depreciation
Other incomeexpenses
Earnings before interest and taxes EBIT $
Interest expense
Taxable income $
Tax
Net income $
Calculate the market value added.
Note: Enter your answer in millions rounded to nearest whole number.
Calculate the markettobook ratio.
Note: Round your answer to decimal places.
Calculate the economic value added.
Note: Do not round intermediate calculations. Enter your answer in millions rounded to nearest whole number.
Calculate the return on startoftheyear capital.
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.
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