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The balance sheet is specifically for question M4-22 that I need with. Thank You. 0 HD) M4-18. Compute ROE Selected balance sheet and income statement
The balance sheet is specifically for question M4-22 that I need with. Thank You.
0 HD) M4-18. Compute ROE Selected balance sheet and income statement information for Home Depot follows. Compute the retur on equity for the year ended January 31, 2016. Feb. 01, 2015 $ millions Operating assets Nonoperating assets Total assets. Operating liabilities Nonoperating liabilities Total liabilities. Jan 21, 2016 $40,333 2,216 42,549 $38.223 1.723 39.946 14,918 21,315 36,233 13.427 17,197 30.624 Total stockholders' equity 9,322 Sales.... Net operating profit before tax (NOPBT) Nonoperating expense before tax Tax expense Net income 6,316 88,519 11,774 753 4,012 7,009 LO Hom M4-22. Compute ROE and RNOA with Disaggregation Refer to the balance sheet and income statement information for Home Depot from M4-18. 2. Compute return on equity. b. Compute return on net operating assets (RNOA). c. Use ROE and RNOA to determine the nonoperating return for the year. d. Disaggregate RNOA into components of profitability and productivity and show that the product of the two components equals RNOAStep by Step Solution
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