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Computing Residual Operating Income (ROPI) Home Depot reports net operating profit after tax (NOPAT) of $7,483 million in 2016. Its net operating assets at the

Computing Residual Operating Income (ROPI)

Home Depot reports net operating profit after tax (NOPAT) of $7,483 million in 2016. Its net operating assets at the beginning of 2016 are $24,796 million.

Assuming a 9% weighted average cost of capital (WACC), what is Home Depot's residual operating income for 2016?

Round ans to the nearest million

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