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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 net operating profit after tax for the year ended January 31, 2016. Assume a tax rate of 37%.
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