Home Depot entered fiscal 2017 with a total capitalization of $21,883 million. In 2017, debt investors received interest income of $870 million. Net income to shareholders was $8,633 million. (Assume a tax rate of 21%.) Calculate the economic value added assuming its cost of capital is 10%. (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.

Q: This year, FCF Inc. has earnings before interest and taxes of $10,180,000, depreciation expenses of…

A: Free cash flow = EBIT*(1-tax) + Deprication - capital expenditure - Increase in Working capital

Q: LSP. Co, recently reported $200,000 of sales during the year 2016. The company had $20,000 of…

A: We need to find net income in this question. Net income is what available for distribution to…

Q: Hendrickson Corporation reported net income of $50,000 in 2017. Depreciation expense was $17,000.…

A: Operating activities: Operating activities include cash inflows and outflows from business…

Q: G. C. Murphey’s 2016 financial statements show net income of $5,040 million, sales of $306,932…

A: Computation of return on sale: Return on sale = Net incomeSales×100 = $5,040 million$306,932…

Q: EVA

A: Formula for calculating Economic value added (EVA) is: Operating income after tax less annual cost…

Q: During 2018, Raines Umbrella Corp. had sales of $750,000. Cost of goods sold, administrative and…

A: Here, Free Cash flow to Equityholder, FCFE = Dividend paid to the shareholders = $68,000Let's put…

Q: Pearls, Inc. had sales in 2015 of $2.1 million. The common stockholders received $600,000 in cash…

A:

Q: From the given data, calculate the Debt to Total Assets Ratio for the MultiVerse Corp for 2021:…

A: Debt to Total Assets ratio = Long term debt + Short term debtTotal Assets

Q: The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $1.87 million, and…

A: Cash Flow From Operating Activities= Cash Flow From operating Activities Include the cash flow…

Q: What is the firm’s depreciation and amortization expense if its average tax rate is 34 percent

A: Depreciation is the systematic allocation of cost of a tangible asset over its useful life.…

Q: e Allen corporation had sales of $63 million, total assets of $44 million, and total liabilities of…

A: Operating return on assets = Operating profit / sales * 100

Q: JP Inc. had the following information expressed in millions of $: 2019 2020 Net Fixed Assets 2,000…

A: We need to find FCF to calculate the Intrinsic value of the firm:FCF 2020=After tax operating…

Q: n​ 2016, the Allen Corporation had sales of ​$60 million, total assets of ​$47 million, and total…

A: Answer -    Computation of Net Operating Income and Net Income - Particulars Working Amount…

Q: look at the image to help me solve the problem

A: Cash flows from Operating Activities = Net Income + Non Cash expenses - Non Cash Income

Q: For 2018, Gourmet Kitchen Products reported $22.5 million of sales and $18 million of operating…

A: Economic value added (EVA) is a measure of a company's economic profit. It is the value created…

Q: For 2012, the income statement of Precious Metals Processing reported net sales of$17,300, EBIT of…

A: Sales, S = $17,300,Current assets, CA = $3,650; Net fixed assets, NFA =  $10,850; Hence, total…

Q: In 2016, the Allen corporation had sales of $67 million, total assets of $42 million, and total…

A: Sales = 67,000,000 Assets = 42,000,000 Liabilities = 19,000,000 Interest Rate = 6.3% Tax Rate = 35%…

Q: During 2015, Al-Ahd Corp. had sales of $950,000. Cost of goods sold, administrative and selling…

A: The term gross profit represents gross earnings generated after subtracting all production costs…

Q: Home Depot entered fiscal 2017 with a total capitalization of $21,907 million. In 2017, debt…

A: Introduction: The economic value-added (EVA) is calculated as incremental income over required by…

Q: he Alabaster Corp. reported Net sales of 6.7 million,operating costs of 4.3 million, and…

A: Net income is the excess of revenue over all the operating and other expenses of the company…

Q: Teakap, Inc., has current assets of $1,456,312 and total assets of $4,812,369 for the year ending…

A: An accounting equation refers to a mathematical representation of the transaction. It indicates that…

Q: n 2016, the first year of its existence, Chartreuse Corporation had a net capital loss of $3,000. In…

A: Loss carryforward is described as the technique of accounting which applies to the current or…

Q: In 2016, the Allen Corporation had sales of $69 million, total assets of $48 million, and total…

A: S&H Construction Company Tax 0.35 Sales $14,500,000 Interest Expenses $306,000…

Q: Suppose the 2017 adidas financial statements contain the following selected data (in millions).…

A: “Hey, since there are multiple sub-parts posted, we will answer first three sub-parts. If you want…

Q: Barnes' Brothers has the following data for the year ending 12/31/12: Net income = $500; Net…

A: Economic value added (EVA) is also called as the economic profit of a firm or a company where the…

Q: Please include part D.

A: Times interest earned ratio: The times interest earned ratio shows an organization ability to pay…

Q: For 2018, Gourmet Kitchen Products reported $23 million of sales and $18 million of operating costs…

A: EVA: It is the excess profit that a company generates over & above the expected returns of the…

Q: Home Depot reports net operating profit after tax (NOPAT) of $7,507 million in 2016. Its net…

A: Free cash flow  to the firm = Net operating  profit after  tax + non cash expenditure  - increase in…

Q: The following figures have been extracted from the financial statements of Herzi SpA, a chain of…

A: Unlevered Free Cash Flow = EBIT - Taxes + Depreciation - CAPEX - Increase in Working Capital

Q: The Alabaster Corp. reported Net sales of 6.7 million,operating costs of 4.3 million, and…

A: Particulars Amount ($) Net Sales 6,700,000 Less: Operating costs (4,300,000) Less:…

Q: The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $5.2 million, and the…

A: Operating cash flow is a component of cash flow statement. It shows the amount of cash generated by…

Q: Ivanhoe Corporation reported EBITDA of $7,300,325 and net income of $3,328,700 for the fiscal year…

A: Cash flow from operating activities (CFO) depicts the amount of money brought in by the company from…

Q: Home Depot entered fiscal 2017 with a total capitalization of $21,904 million. In 2017, debt…

A: Total Capitalization = $21,904 million Interest Income = $877 million Net income = $8,654 million…

Q: Home depot entered fiscal 2017 with a total capitalization of $21,940 million. In 2017 debt…

A: Measure company's financial performance based on the residual wealth.  Economic value added (EVA) =…

Q: Suppose the 2017 adidas financial statements contain the following selected data (in millions).…

A: Hey, as per our honour code, we will answer the first three sub-parts only. If you want any specific…

Q: The Pharoah Company has disclosed the following financial information in its annual reports for the…

A: Operating activities: These are defined as the functions of the business that relates directly to…

Q: Brisky Corporation had net sales of $2,400,000 and interest revenue of $31,000 during 2017. Expenses…

A: Multi-step income statement: The income statement represented in multi-steps with several subtotals…

Q: Target industries reported $11,500 of sales and $5,000 of operating costs (including depreciation).…

A: A method that helps to measure a company’s financial performance by deducting the overall cost of…

Q: On January 1, 2017, Rama Corporation paid $150,000 for 30% of Samer Company's stock. Rama reported a…

A: Intercorporate investments refer to any investment that one company makes in another company in the…

Q: On December 31, 2014, Berzerker Company's current liabilities totaled P470,000 and noncurrent…

A:

Q: In 2016, the Allen corporation had sales of $63 million, total assets of $44 million, and total…

A: Operating profit margin  = 14% of sales = 14% of $63 million = $8,820,000   Now interest rate = 5.7%…

Q: For 2018, gourmet kitchen products reported $22 million of sales & $19 million of operating costs…

A: A concept that helps to evaluate the financial performance of a company by deducting the overall…

Q: 16, the Allen corporation had sales of $63 million, total assets of $44 million, and total…

A: Operating return on assets = Operating profit / sales * 100 Return on equity = Net profit / Equity *…

Q: purchased additional equipment for $11.7 million at the end of 2016, and this equipment was…

A: Depreciation is the reduction in the value of fixed assets due to normal wear and tear, passage of…

Q: Last year, Roswin Robotics have $5,000,000.00 in operating income (EBIT). Its depreciation expense…

A: Net Operating Working Capital = Operating Current Assets - Operating Current Liabilities Net Working…

Q: Weiland Co. shows the following information on its 2014 income statement: sales $167,000; costs =…

A: As a first step, let's put together allt he informtion given in a structured format. Please see the…

Q: The 2008 balance sheet of a company showed long-term debt of $4.6 million, $1,740,000 in the common…

A: Cash flow to creditors refers to the amount which is paid to debt holders.  Cash flow to…

Q: Volbeat Corp. shows the following information on its 2015 income statement: sales = $255,000; costs…

A: Given that: sales = $255,000 costs = $156,000 other expenses = $7,900 depreciation expense = $15,600…

Q: a. Sales for 2018 were $455,150,000, and EBITDA was 15% of sales. Furthermore, depreciationand…

A: Solution: Introduction: Since as Per BNED requirements, each question is answered to a maximum of…

Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.