Computing Residual Operating Income (ROPI) Home Depot reports net operating profit after tax (NOPAT) of $7,483 million
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Computing Residual Operating Income (ROPI)
Home Depot reports net operating profit after tax (NOPAT) of $7,483 million in 2016. Its net operating assets at the beginning of 2016 are $24,796 million. Assuming a 9% weighted average cost of capital
(WACC), what is Home Depot’s residual operating income for 2016? Show computations.
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Related Book For
Financial Statement Analysis And Valuation
ISBN: 9781618532336
5th Edition
Authors: Peter D. Easton, Mary Lea McAnally, Gregory A. Sommers
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