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M3-18. Compute ROE Selected balance sheet and income statement information for Home Depot follows. Compute the return on equity for the year ended January 31,

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M3-18. Compute ROE Selected balance sheet and income statement information for Home Depot follows. Compute the return on equity for the year ended January 31, 2016. $ millions Jan. 31, 2016 Feb. 01, 2015 Operating assets Nonoperating assets Total assets... $40,333 2,216 42,549 $38,223 1,723 39,946 Operating liabilities. Nonoperating liabilities. Total liabilities. 14,918 21,315 36,233 13,427 17,197 30,624 Total stockholders' equity 6,316 9,322 Sales. ... Net operating profit before tax (NOPBT) Nonoperating expense before tax Tax expense Net income.. 88,519 11,774 753 4,012 7,009

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