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Module pute Net Operating Profit after Tax Refer to the balance sheet information below for Home Depot. Assume a statutory tax rate of 2 2

Module pute Net Operating Profit after Tax

Refer to the balance sheet information below for Home Depot.

Assume a statutory tax rate of $22 % .$

a $.$ Compute NOPAT for the year ended Feb. $3, 2019$ using the formula: NOPAT $=$ Net income $+$ NNE

b $.$ Compute NOPAT for the year ended Feb. $3, 2019$ using the formula: NOPAT $=$ NOPBT $-$ Tax on operating profit

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