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

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

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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 21,285 17,167
Total liabilities 36,303 30,694
     
Total stockholders' equity 6,521 9,527
     
Sales 88,999  
Net operating profit before tax (NOPBT) 12,024  
Nonoperting expense before tax 778  
Tax expense 4,088  
Net income 7,158  


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

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