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Compute Net Operating Assets Refer to the balance sheet information below for Home Depot. $ millions Feb. 3, 2019 Jan. 28, 2018 Operating assets $40,114

Compute Net Operating Assets

Refer to the balance sheet information below for Home Depot.

$ millions Feb. 3, 2019 Jan. 28, 2018
Operating assets $40,114 $38,887
Nonoperating assets 1,689 3,415
Total assets $41,803 $42,302
Operating liabilities $15,845 $15,245
Nonoperating liabilities 27,742 25,677
Total liabilities $43,587 $40,922
Net sales $102,793
Operating expense before tax 88,039
Net operating profit before tax (NOPBT) 14,754
Other expense 925
Income before tax 13,829
Tax expense 3,263
Net income $10,566

Compute net operating assets for the years ended February 3, 2019, and January 28, 2018.

$ millions February 3, 2019 January 28, 2018
Net operating assets (NOA) Answer? Answer?

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