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Selected balance sheet and income statement information for Home Depot follows. $ millions Jan. 31, 2016 Feb. 01, 2015 Operating assets $40,333 $38,223 Nonoperating assets

Selected balance sheet and income statement information for Home Depot follows.

$ millions Jan. 31, 2016 Feb. 01, 2015
Operating assets $40,333 $38,223
Nonoperating assets 2,216 1,723
Total assets 42,549 39,946
Operating liabilities 14,918 13,427
Nonoperating liabilities 21,315 17,197
Total liabilities 36,233 30,624
Total stockholders' equity 6,316 9,322
Sales 88,519
Net operating profit before tax (NOPBT) 11,774
Nonoperting expense before tax 753
Tax expense 4,012
Net income 7,009

Compute return on net operating assets

Use ROE and RNOA to determine the nonoperating return for the year

Disaggregate RNOA into components of profitability and productivity and show that the product of the two components equals RNOA ( Net operating profit margin, Net operating asset turnover, and Return on net operating assets)

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