Compute RNOA with Disaggregation Refer to the balance sheet information below for Home Depot. $ millions Operating assets Feb. 3, 2019 Jan. 28, 2018 $42,225 $40,934 Nonoperating assets Total assets Operating liabilities 1,778 3,595 $44,003 $44,529 $16,679 $16,047 Nonoperating liabilities 29,202 27,028 Total liabilities $45,881 $43,075 Net sales $108,203 Operating expense before tax 92,673 Net operating profit before tax (NOPBT) 15,530 Other expense 974 Income before tax 14,556 Tax expense 3,435 Net income $11,121 a. Compute return on net operating assets (RNOA). Assume a statutory tax rate of 22%. Note: 1. Select the appropriate numerator and denominator used to compute RNOA from the Numerator Denominator RNOA $ O % b. Disaggregate RNOA into components of profitability (NOPM) and productivity (NOAT). Assume Note: 1. Select the appropriate numerator and denominator used to compute NOPM from the d Numerator Denominator NORM a. Compute return on net operating assets (RNOA). Assume a statutory tax rate of 22%. Note: 1. Select the appropriate numerator and denominator used to compute RNOA from the drop-down menu options. 2. Enter the numera Numerator Denominator RNOA b. Disaggregate RNOA into components of profitability (NOPM) and productivity (NOAT). Assume a statutory tax rate of 22%. Note: 1. Select the appropriate numerator and denominator used to compute NOPM from the drop-down menu options. 2. Enter the numer Numerator Denominator NOPM Note: 1. Select the appropriate numerator and denominator used to compute NOAT from the drop-down menu options. 2. Enter the numera Numerator Denominator NOAT 0