Identify and Compute Net Operating Assets

Following is the balance sheet for Lowe's Companies Inc.

LOWE'S COMPANIES INC.

Consolidated Balance Sheet

$ millions, except par value Feb. 1, 2019

Current assets

Cash and cash equivalents $1,124

Short-term investments 480

Merchandise inventorynet 27,634

Other current assets 2,064

Total current assets 31,302

Property, less accumulated depreciation 40,550

Long-term investments 563

Deferred income taxesnet 647

Goodwill 667

Other assets 2,189

Total assets $75,918

Current liabilities

Short-term borrowings $1,588

Current maturities of long-term debt 2,442

Accounts payable 18,214

Accrued compensation and employee benefits 1,456

Deferred revenue 2,858

Other current liabilities 5,335

Total current liabilities 31,893

Long-term debt, excluding current maturities 31,660

Deferred revenueextended protection plans 1,819

Other liabilities 2,528

Total liabilities 67,900

Shareholders' equity

Preferred stock$5 par value, none issued -

Common stock$0.50 par value 884

Capital in excess of par value -

Retained earnings 7,594

Accumulated other comprehensive loss 460

Total shareholders' equity 8,936

Total liabilities and shareholders' equity $75,918

Identify and compute net operating assets (NOA) as of February 1, 2019. Assume that longterm investments are nonoperating.

$Answer

42665 and 37511 is not right.