Solution-Compute net operating profit after tax for the

Compute net operating profit after tax for the year ended

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Reference no: EM131872096

Question - Compute Net Operating Profit after Tax

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

$ millions	Jan. 31, 2016	Feb. 01, 2015
Operating assets	$40,858	$38,748
Non-operating assets	2,321	1,828
Total assets	43,179	40,576
Operating liabilities	15,093	13,602
Non-operating liabilities	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
Non-operating expense before tax	858
Tax expense	4,428
Net income	7,013

Compute net operating profit after tax for the year ended January 31, 2016. Assume a statutory tax rate of 37%.

Reference no: EM131872096

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Compute net operating profit after tax for the year ended

Reference no: EM131872096

Reference no: EM131872096

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