This is a financial statement analysis class.

QUtSI IUN partially correct U.33 points out orz.UU Hag question Compute ROE and RNOA with Disaggregation Selected balance sheet and income statement information for Home Depot follows. $ millions Operating assets Nonoperating assets Total assets Jan. 31, 2016 Feb. 01, 2015 $38,573 1,773 40,346 $40,683 2,266 42,949 Operating liabilities Nonoperating liabilities Total liabilities 15,043 21,275 36,318 6,631 13,552 17,157 30,709 Total stockholders' equity 9,637 Sales Net operating profit before tax (NOPBT) Nonoperting expense before tax Tax expense Net income 89,234 12,124 803 4,001 7,320 Round answers to two decimal places (ex: 0.12345 = 12.35%) a. Compute return on equity. 89.99 b. Compute return on net operating assets (RNOA) c. Use ROE and RNOA to determine the nonoperating return for the year d. Disaggregate RNOA into components of profitability and productivity and show that the product of the two components equals RNOA. NOPM 9.1 NOAT 0 RNOA0 Check