Compute Net Operating Profit after Tax Refer to the balance sheet information below for Home Depot. Operating assets Nonoperating assets Total assets $ millions Operating liabilities Nonoperating liabilities Total liabilities Net sales Operating expense before tax Net operating profit before tax (NOPBT) Other expense Income before tax Tax expense Net income Net income $ Assume a statutory tax rate of 22%. a. Compute NOPAT for the year ended Feb. 3, 2019 using the formula: NOPAT = Net income + NNE 7,229 $ NNE 0 $ Jan. 28, 2018 Feb. 3, 2019 $27,446 $26,607 1,156 2,337 $28,602 $28,944 $10,841 $10,431 18,981 17,568 $29,822 $27,999 $70,332 60,237 10,095 633 9,462 2,233 $7,229 A N NOPAT 7,229 b. Compute NOPAT for the year ended Feb. 3, 2019 using the formula: NOPAT = NOPBT - Tax on operating profit NOPBT Tax on operating profit NOPAT $ 10,095 $ 0 $ 10,095