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B C D E F G H - Compute NOPAT Selected income statement information for 2015 is presented below for Home Depot Inc. and Lowe's
B C D E F G H - Compute NOPAT Selected income statement information for 2015 is presented below for Home Depot Inc. and Lowe's Companies Inc. Net Operating Pretax Net Profit Nonoperating Company ($ millions) Ticker Before Tax Expense Home Depot........... HD $11,774 $753 Lowe's LOW 4,971 552 Sales Tax Statutory Expense Tax Rate $4,012 37% 1,873 37% $88,519 59,074 a. Compute NOPAT for each company. b. Compute NOPAT as a percent of sales for each company-referred to as NOPM
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