Question: Compute Net Operating Assets Selected balance sheet and income statement information for Home Depot follows. $ millions Operating assets Jan. 31, 2016 Feb. 01, 2015
Compute Net Operating Assets Selected balance sheet and income statement information for Home Depot follows. $ millions Operating assets Jan. 31, 2016 Feb. 01, 2015 $40,858 $38,748 Nonoperating assets 2,321 1,828 Total assets Operating liabilities Nonoperating liabilities 43,179 40,576 15,093 13,602 21,320 17,202 Total liabilities 36,413 30,804 Total stockholders' equity 6,766 9,772 Sales 89,599 Net operating profit before tax (NOPBT) 12,299 Nonoperting expense before tax 858 Tax expense 4,428 Net income 7,013 Compute net operating assets for the years ended January 31, 2016 and February 1, 2015. 2016 NOA $ 0 2015 NOA $ 0
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