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Identify and Compute Net Operating Assets Following is the balance sheet for Lowe's Companies Inc. $511 218 LOWE'S COMPANIES INC. Consolidated Balance Sheet $ millions,

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Identify and Compute Net Operating Assets Following is the balance sheet for Lowe's Companies Inc. $511 218 LOWE'S COMPANIES INC. Consolidated Balance Sheet $ millions, except par value Feb. 1, 2019 Current assets Cash and cash equivalents Short-term investments Merchandise inventory_net Other current assets Total current assets Property, less accumulated depreciation Long-term investments Deferred income taxes-net Goodwill 12,561 938 14.228 18,432 256 294 303 Other assets 995 $34,508 $722 Total assets Current liabilities Short-term borrowings Current maturities of long-term debt Accounts payable Accrued compensation and employee benefits Deferred revenue 1.110 8,279 562 1.299 2425 Other current abilities Other assets 995 Total assets $34,508 Current liabilities Short-term borrowings $722 Current maturities of long-term debt 1.110 Accounts payable 8.279 Accrued compensation and employee benefits 662 Deferred revenue 1,299 Other current liabilities 2.425 Total current liabilities 14,497 Long-term debt, excluding current maturities 14,391 Deferred revenue-extended protection plans 827 Other liabilities 1.149 Total liabilities 30.864 Shareholders' equity Preferred stock-$5 par value, none issued Common stock-$0.50 par value 401 Capital in excess of par value Retained earnings 3.452 (209) Accumulated other comprehensive loss Total shareholders' equity 3,644 $34.508 Total liabilities and shareholders' equity Identify and compute net operating assets (NCA) as of February 1, 2019. Assume that long-term investments are nonoperating

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