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Compute NOPAT Selected income statement information for 2018 is presented below for Home Depot Inc. and Lowe's Companies Inc. Assume the statutory tax rate

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Compute NOPAT Selected income statement information for 2018 is presented below for Home Depot Inc. and Lowe's Companies Inc. Assume the statutory tax rate is 22%. Company ($ millions) Ticker Home Depot Lowe's Sales NOPBT HD $108,203 $15,530 LOW 71,309 4,018 Pretax Net Nonoperating Expense Expense $974 $3,435 Average Net Tax 624 1,080 Operating Assets $25,217 20,326 a. Compute the following measures for both companies. 1. NOPAT Company NOPAT Home Depot $ Lowe's $ 0 0 2. RNOA Note: 1. Select the appropriate numerator and denominator used to compute RNOA from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute RNOA. Company RNOA Home Depot $ $ Lowe's Numerator 0 $ 0 $ Denominator 0 % 0 3. NOPM Note: 1. Select the appropriate numerator and denominator used to compute NOPM from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute NOPM. Company Numerator Home Depot $ Lowe's $ 0 $ 0 $ Denominator NOPM 0 % 0 %

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