Calculate: a. Market value added and Market-to-book ratio b. Economic value added, ROC, ROA, and ROE c. NWC in 2016 and 2017

Find Walmart’s consolidated balance sheets and income statements for fiscal year 2017
from SEC edgar. At the end of fiscal 2017, Walmart had 2,960 million shares outstanding
with a share price of $106. The company’s weighted-average cost of capital was about
5%. Assume the marginal corporate tax rate was 35%. Calculate:
a. Market value added and Market-to-book ratio
b. Economic value added, ROC, ROA, and ROE
c. NWC in 2016 and 2017