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