Question
Computing Residual Operating Income (ROPI) Home Depot reports net operating profit after tax (NOPAT) of $12,073 million for the fiscal year ended February 3,
Computing Residual Operating Income (ROPI) Home Depot reports net operating profit after tax (NOPAT) of $12,073 million for the fiscal year ended February 3, 2019. Its net operating assets at the beginning of the fiscal year are $24,887 million. Assuming a 7.85% weighted average cost of capital (WACC), what is Home Depot's residual operating income for the fiscal year ended February 3, 2019? Round answer to the nearest million. million
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Vector Mechanics for Engineers Statics and Dynamics
Authors: Ferdinand Beer, E. Russell Johnston Jr., David Mazurek, Phillip Cornwell, Brian Self
11th edition
978-0073398242
