\begin{tabular}{|l|r|r|r|r|} & \multicolumn{1}{c}{HOMEDEPOTBalanceSheets} & LOWESBalanceSheets \\ \hline Assets & 2/2/2020 & 2/3/2019 & 1/31/2020 & 2/1/2019 \\ \hline Current assets: & & & & \\ \hline Cash and cash equivalents & & & & \\ \hline Short-term investments & $2,133 & $1,778 & $716 & $511 \\ \hline Receivables, net & - & - & 160 & 218 \\ \hline Merchandise inventories & 2,106 & 1,936 & - & - \\ \hline Other current assets & 14,531 & 13,925 & 13,179 & 12,561 \\ \hline Total current assets & 1,040 & 890 & 1,263 & 938 \\ \hline Net property and equipment & 19,810 & 18,529 & 15,318 & 14,228 \\ \hline Operating lease right-of-use assets & 22,770 & 22,375 & 18,669 & 18,432 \\ \hline Goodwill & 5,595 & - & 3,891 & - \\ \hline Long-term investments & 2,254 & 2,252 & 303 & 303 \\ \hline \end{tabular} \begin{tabular}{|l|r|r|r|r|} \hline Deferred income taxes & 706 & 491 & - & - \\ \hline Other long-term liabilities & 1,535 & 1,867 & 1,606 & 1,976 \\ \hline Total liabilities & 54,352 & 45,881 & 37,499 & 30,864 \\ \hline Total shareholders' equity & 3,116 & 1,878 & 1,972 & 3,644 \\ \hline Total liabilities and shareholders' equity & $51,236 & $44,003 & $39,471 & $34,508 \\ \hline \end{tabular} b. Compute each company's return on net operating assets (RNOA) for fiscal year 2019 . - Note: Round your answers to the nearest million dollars. \begin{tabular}{|l|r|r|r|r|} \hline \multirow{2}{*}{ Tother assets } & 807 & 847 & 918 & 1,289 \\ \cline { 2 - 5 } & $51,236 & $44,003 & $39,471 & $34,508 \\ \hline Liabilities and shareholders' equity & & & & \\ \hline Current liabilities: & & & & \\ \hline Short-term debt and current maturities of long-term debt & $2,813 & $1,339 & $2,538 & $1,832 \\ \hline Accounts payable & 7,787 & 8,811 & 7,659 & 8,279 \\ \hline Accrued salaries and related expenses & 1,494 & 1,506 & 684 & 662 \\ \hline Deferred revenue & 2,116 & 1,782 & 1,219 & 1,299 \\ \hline Income taxes payable & 55 & 11 & - & - \\ \hline Current operating lease liabilities & 828 & - & 501 & - \\ \hline Other current liabilities & 3,282 & 3,267 & 2,581 & 2,425 \\ \hline Total current liabilities & 18,375 & 16,716 & 15,182 & 14,497 \\ \hline Long-term debt, excluding current maturities & 28,670 & 26,807 & 16,768 & 14,391 \\ \hline Long-term operating lease liabilities & 5,066 & - & 3,943 & - \\ \hline Deferred income taxes & 706 & 491 & - & - \\ \hline \end{tabular} c. Compute the fiscal year 2019 net operating profit margin (NOPM) and net operating asset turnover (NOAT) for each company. - Note: Round your answers to the nearest million dollars. \begin{tabular}{|l|r|r|r|r|} \hline Interest and investment income & -73 & -77 & 0 & 0 \\ \hline Interest expense & 1,201 & 1,051 & 691 & 624 \\ \hline Earnings before provision for income taxes & 14,715 & 14,556 & 5,623 & 3,393 \\ \hline Provision for income taxes & 3,473 & 3,435 & 1,342 & 1,080 \\ \hline Net earnings & $11,242 & $11,121 & $4,281 & $2,313 \\ \hline \end{tabular} \begin{tabular}{|l|r|r|r|r|} & \multicolumn{1}{c}{HOMEDEPOTBalanceSheets} & LOWESBalanceSheets \\ \hline Assets & 2/2/2020 & 2/3/2019 & 1/31/2020 & 2/1/2019 \\ \hline Current assets: & & & & \\ \hline Cash and cash equivalents & & & & \\ \hline Short-term investments & $2,133 & $1,778 & $716 & $511 \\ \hline Receivables, net & - & - & 160 & 218 \\ \hline Merchandise inventories & 2,106 & 1,936 & - & - \\ \hline Other current assets & 14,531 & 13,925 & 13,179 & 12,561 \\ \hline Total current assets & 1,040 & 890 & 1,263 & 938 \\ \hline Net property and equipment & 19,810 & 18,529 & 15,318 & 14,228 \\ \hline Operating lease right-of-use assets & 22,770 & 22,375 & 18,669 & 18,432 \\ \hline Goodwill & 5,595 & - & 3,891 & - \\ \hline Long-term investments & 2,254 & 2,252 & 303 & 303 \\ \hline \end{tabular} \begin{tabular}{|l|r|r|r|r|} \hline Deferred income taxes & 706 & 491 & - & - \\ \hline Other long-term liabilities & 1,535 & 1,867 & 1,606 & 1,976 \\ \hline Total liabilities & 54,352 & 45,881 & 37,499 & 30,864 \\ \hline Total shareholders' equity & 3,116 & 1,878 & 1,972 & 3,644 \\ \hline Total liabilities and shareholders' equity & $51,236 & $44,003 & $39,471 & $34,508 \\ \hline \end{tabular} b. Compute each company's return on net operating assets (RNOA) for fiscal year 2019 . - Note: Round your answers to the nearest million dollars. \begin{tabular}{|l|r|r|r|r|} \hline \multirow{2}{*}{ Tother assets } & 807 & 847 & 918 & 1,289 \\ \cline { 2 - 5 } & $51,236 & $44,003 & $39,471 & $34,508 \\ \hline Liabilities and shareholders' equity & & & & \\ \hline Current liabilities: & & & & \\ \hline Short-term debt and current maturities of long-term debt & $2,813 & $1,339 & $2,538 & $1,832 \\ \hline Accounts payable & 7,787 & 8,811 & 7,659 & 8,279 \\ \hline Accrued salaries and related expenses & 1,494 & 1,506 & 684 & 662 \\ \hline Deferred revenue & 2,116 & 1,782 & 1,219 & 1,299 \\ \hline Income taxes payable & 55 & 11 & - & - \\ \hline Current operating lease liabilities & 828 & - & 501 & - \\ \hline Other current liabilities & 3,282 & 3,267 & 2,581 & 2,425 \\ \hline Total current liabilities & 18,375 & 16,716 & 15,182 & 14,497 \\ \hline Long-term debt, excluding current maturities & 28,670 & 26,807 & 16,768 & 14,391 \\ \hline Long-term operating lease liabilities & 5,066 & - & 3,943 & - \\ \hline Deferred income taxes & 706 & 491 & - & - \\ \hline \end{tabular} c. Compute the fiscal year 2019 net operating profit margin (NOPM) and net operating asset turnover (NOAT) for each company. - Note: Round your answers to the nearest million dollars. \begin{tabular}{|l|r|r|r|r|} \hline Interest and investment income & -73 & -77 & 0 & 0 \\ \hline Interest expense & 1,201 & 1,051 & 691 & 624 \\ \hline Earnings before provision for income taxes & 14,715 & 14,556 & 5,623 & 3,393 \\ \hline Provision for income taxes & 3,473 & 3,435 & 1,342 & 1,080 \\ \hline Net earnings & $11,242 & $11,121 & $4,281 & $2,313 \\ \hline \end{tabular}