At the end of 2011 home depots total capitalization


At the end of 2011 Home Depot's total capitalization amounted to$29,031 million. In 2012 debt investors received interest income of$648 million. Net income to shareholders was $4,487 million.(Assume a tax rate of 35%.) Calculate the economic value addedassuming its cost of capital is 10%. (Do not round intermediatecalculations. Enter your answer in millions rounded to 2 decimalplaces.)

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Business Management: At the end of 2011 home depots total capitalization
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