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Refer to the balance sheet information below for Home Depot. Compute net operating assets for the years ended February 3, 2019, and January 28, 2019.
Refer to the balance sheet information below for Home Depot. Compute net operating assets for the years ended February 3, 2019, and January 28, 2019.
Feb. 3 Jan. 28
operating assets 42,225 40,934
non operating assets 1,778 3,595
total assets 44,003 44,529
operating liab. 16,679 16,047
non operating liab 29,202 27,028
total liabilities 45,881 43,075
net sales 108,203
operating expense before tax 92,673
net operating profit before tax 15,530
other expense 974
income before tax 14,556
tax expense 3,435
net earrings 11,121
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