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What is Economic Value Added What is return on capital The following table gives abbreviated balance sheets and income statements for Walmart. At thc end

What is Economic Value Added
What is return on capital
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The following table gives abbreviated balance sheets and income statements for Walmart. At thc end of fiscal 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 a tax rate 21%. 236 , 495 Assets Current assets: Cash and marketable Accounts receivable Inventories Other current assets Total current assets assets: Net assets Other longterm assets Total assets Liabilities and Shareholders Equity Current liabilities: Accounts payable Other Current t Labilities Total current Long debt Other liabilities Total Total sharem.lders equ it y and shareholders Total equity Fiscal 2019 s 9,'65 622 s 61,8 s 46,973 33 S 111,395 47 s 219,295 Be 817 43, 09 81 552 , 495 18 s 139.661 s 219,295 Fiscal ze18 s 7.722 6.283 44,269 3 623 s 61,897 46 e3 ge 417 43, '9 634

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