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Asset Performance Measurement @ Lowe's. Using the information calculated from the income statement and balance sheet, calculate NOPAT Margin, NOA Turnover and RNOA for the

Asset Performance Measurement @ Lowe's. Using the information calculated from the income statement and balance sheet, calculate NOPAT Margin, NOA Turnover and RNOA for the period ended Feb. 1, 2013. Be sure to use average values from the balance sheet. ROE can should be calculated directly
Operating Return (RNOA) - Key Variables Year End Feb 1, 2013
Net Income
NOPAT
Revenues
Average Stockholders' Equity
Average NOA
Operating Return
NOPAT Margin
x NOA Turnover
RNOA
ROE

image text in transcribedimage text in transcribed

LOWE'S COMPANIES, INC Feb. 01, 2013 $50,521 33,194 17,327 Feb. 03, Jan. 28, For Twelve Months Ended (In millions) 2012 2011 $50,208 $48,815 31,663 32,858 17,350 12,593 17,152 Expenses 12,006 1,586 332 13,924 3,228 1,218 $ 2,010 12,244 1,523 1,480 423 371 14,190 3,137 1,178 $ 1,959 14,444 2,906 1,067 $ 1,839

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