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

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Identify and Compute Net Operating Assets Following is the balance sheet for Lowe's Companies Inc LOWE'S COMPANIES INC. Consolidated Balance Sheet s 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 Other assets Total assets Current liabilities Short-term borrowings Current maturities of long-term debt Accounts payable Accrued compensation and employee benefits Deferred revenue Other current liabilities Total current liabilities Long-term debt, excluding current maturities Deferred revenue-extended protection plans Other liabilities Total liabilities Shareholders' equity Preferred stock-$5 par value, none issued Common stock-$0.50 par value Capital in excess of par value Retained earnings Accumulated other comprehensive loss Total shareholders' equity Total liabilities and shareholders equity Identify and compute net operating assets (NOA) as of February 1, 2019. Assume that long-term investments are nonoperating $ .. $ millions, except par value Feb. 1, 2019 assets and cash equivalents $818 t-term investments 349 handise inventory-net 20,098 r current assets 1,501 current assets 22,766 y, less accumulated depreciation 29,491 rm investments 410 d income taxes-net 470 II 485 ssets 1,592 sets $55,214 liabilities t-term borrowings $1,155 ant maturities of long-term debt 1,776 unts payable 13,246 Jed compensation and employee benefits 1,059 rred revenue 2,078 r current liabilities 3,880 current liabilities 23,194 rm debt, excluding current maturities 23,026 d revenue-extended protection plans 1,323 abilities 1,838 bilities 49,381 olders' equity 2d stock-$5 par value, none issued in stock-$0.50 par value 644 in excess of par value d earnings 5,523 lated other comprehensive loss 334 areholders' equity 5,833 bilities and shareholders' equity $55,214

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