Home Depot entered fiscal 2017 with a total capitalization of $21,913 million. In 2017, debt investors received interest income of $880 million. Net income to shareholders was $8,663 million. (Assume a tax rate of 21%.)
Calculate the economic value added assuming its cost of capital is 10%.
Chik’s Chickens has accounts receivable of $5,733. Sales for the year were $9,200. What is its average collection period? (Use 365 days in a year. Do not round intermediate calculations. Round your final answer to the nearest whole number.)Get Finance homework help today
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