M3-22. Compute RNOA with Disaggregation Refer to the balance sheet and income statement information for Home Depot from M3-20. a. Compute return on net operating assets (RNOA). b. Disaggregate RNOA into components of profitability and productivity and show that the product of the two components equals RNOA. $ millions Feb. 3, 2019 Jan. 28, 2018 . Operating assets Nonoperating assets. Total assets . $ 42,225 1,778 $ 44,003 $40,934 3,595 $44,529 Operating liabilities .... Nonoperating liabilities. Total liabilities. + $ 16,679 29,202 $ 45,881 $16,047 27,028 $43,075 $108,203 92,673 Net sales... Operating expense before tax Net operating profit before tax (NOPBT) Other expense Income before tax. Tax expense. Net earnings ... . 15,530 974 14,556 3,435 $ 11,121