Millions Jan 31, 2016 Feb 1, 2015

Operating assets 40,783 38,673

Nonoperating assets 2291 1798

total assets 43074 40471

operating liabilities 15068 13577

nonoperating liabil 21270 17152

total liabilities 36338 30729

sales 89464

net op profit b/f tax 12224

nonop exp before tax 828

tax expense 4523

net income 6873

compute net operating profit after tax for the year ended Jan 21, 2016. Assume he statutory tax rate of 37% Round to the nearest whole number

a. compute NOPAT using the formula: NOPAT = New Income + NNE

b. compute NOPAT using the formula: NOPAT = NOPBT - Tax on operating profit