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Compute ROE and RNOA with Disaggregation Selected balance sheet and income statement information for Home Depot follows. S millions Operating assets Nonoperating assets Total

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Compute ROE and RNOA with Disaggregation Selected balance sheet and income statement information for Home Depot follows. S millions Operating assets Nonoperating assets Total assets Operating liabilities Nonoperating liabilities Total liabilities Total stockholders' equity Sales Net operating profit before tax (NOPBT) Nonoperting expense before tax Tax expense Net income Jan. 31, 2016 Feb. 01, 2015 sac,783 2,291 43,074 15,068 21,270 36,338 6,736 89,464 12224 828 4,523 S38,673 1,798 40,471 13,577 17,152 30,729 9,742 6,873 = 1235%) Round answers to two decimal places (ex: 0.12345 a. Compute return on equity. Answer% b. Compute return on net operating assets (RNOA). Answer% c. use ROE and RNOA to determine the nonoperating return for the year. Answer% d. Disaggregate RNOA into components of profitability and productivity and show that the product of the two components equals RNOA. NORM Answer* NOAT Answer RNOA Answer*

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