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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 $31,669
Compute Net Operating Assets
Refer to the balance sheet information below for Home Depot.
$ millions | Feb. 3, 2019 | Jan. 28, 2018 |
---|---|---|
Operating assets | $31,669 | $30,701 |
Nonoperating assets | 1,334 | 2,696 |
Total assets | $33,003 | $33,397 |
Operating liabilities | $12,509 | $12,035 |
Nonoperating liabilities | 21,902 | 20,271 |
Total liabilities | $34,411 | $32,306 |
Net sales | $81,152 | |
Operating expense before tax | 69,505 | |
Net operating profit before tax (NOPBT) | 11,647 | |
Other expense | 731 | |
Income before tax | 10,916 | |
Tax expense | 2,576 | |
Net income | $8,340 |
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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