Use following information to calculate Net Operating Profit After Tax (NOPAT) for Walmart for 2011:

	A.	$16,487
	B.	$17,222
	C.	$29,435
	D.	$13,987
	E.	$12,976

WALMART INCOME STATEMENT 2010 TOTAL REVENUES Operating Expenses OPERATING PROFIT (EBIT) Non-operating Expneses (Net Interest Expense) TAXABLE PROFIT (EBT) 2011 421,849 396,307 25,542 2,004 23,538 7,579 15,959 2011 NET INCOME FROM CONTINUED OPERATIONS BALANCE SHEET 2010 OPERATING ASSETS NON-OPERATING ASSETS TOTAL ASSETS 162,360 173,137 7,526 170,407180,663 AVERAGIE 167,749 7,787 175,535 8,047 OPERATING LIAB NON-OPERATING LIAB SH EQUITY TOTAL LIAB EQUITY 59,097 50,319 1,247 170,407180,663 56,040 41,719 72,648 57,569 46,019 71,948 175,535