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echoostie7907

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Compute Net Operating Assets Selected balance sheet and income statement information for Home Depot follows.

$ millions Jan. 31, 2016 Feb. 01, 2015

Operating assets $40,583 $38,473

Nonoperating assets 2,241 1,748

Total assets 42,824 40,221

Operating liabilities 15,018 13,527

Nonoperating liabilities 21,340 17,222

Total liabilities 36,358 30,749

Sales 88,944

Net operating profit before tax (NOPBT) 12,024

Nonoperting expense before tax 778

Tax expense 4,208

Net income 7,038

Compute net operating assets for the years ended January 31, 2016 and February 1, 2015.

2016 NOA $Answer

2015 NOA $Answer 0

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Compute Net Operating Assets Selected balance sheet and income statement information for Home Depot follows.

$ millions Jan. 31, 2016 Feb. 01, 2015

Operating assets $40,583 $38,473

Nonoperating assets 2

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