Selected balance sheet and income statement information for Home Depot follows. $ millions Jan. 31, 2016 Feb. 01, 2015 Operating assets $40,683 $38,573 Nonoperating assets 2,266 1,773 Total assets 42,949 40,346 Operating liabilities 15,043 13,552 Nonoperating liabilities 21,275 17,157 Total liabilities 36,318 30,709 Sales 89,234 Net operating profit before tax (NOPBT) 12,124 Nonoperting expense before tax 803 Tax expense 4,001 Net income 7,320 Round answers totwo decimal places(ex: 0.12345 = 12.35%).a. Compute return on net operating assets (RNOA). Assume a statutory tax rate of 37%.Answer%b. Disaggregate RNOA into components of profitability and productivity and show that the product of the two components equals RNOA. Assume a statutory tax rate of 37%.NOPM Answer%NOAT Answer

Selected balance sheet and income statement information for Home Depot follows. $ millions Jan. 31, 2016 Feb. 01, 2015 Operating assets $40,683 $38,573 Nonoperating assets 2,266 1,773 Total assets...

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

$ millions	Jan. 31, 2016	Feb. 01, 2015
Operating assets	$40,683	$38,573
Nonoperating assets	2,266	1,773
Total assets	42,949	40,346
Operating liabilities	15,043	13,552
Nonoperating liabilities	21,275	17,157
Total liabilities	36,318	30,709
Sales	89,234
Net operating profit before tax (NOPBT)	12,124
Nonoperting expense before tax	803
Tax expense	4,001
Net income	7,320

Round answers totwo decimal places(ex: 0.12345 = 12.35%).

a. Compute return on net operating assets (RNOA). Assume a statutory tax rate of 37%.
Answer%

b. Disaggregate RNOA into components of profitability and productivity and show that the product of the two components equals RNOA. Assume a statutory tax rate of 37%.
NOPM Answer%
NOAT Answer

Jun 08, 2022

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Selected balance sheet and income statement information for Home Depot follows. $ millions Jan. 31, 2016 Feb. 01, 2015 Operating assets $40,683 $38,573 Nonoperating assets 2,266 1,773 Total assets...

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