Question
Selected Income statement information for 2018 is presented below for Home Depot, Inc. and Lowe's Companies Inc. Assume the statutory tax rate is 22%.

Question 6 Not complete Marked out of 12.00 P Rag question Compute NOPAT Selected income statement information for 2018 is pr
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Sol * Net Operating probit = Nopet x(1-tax rate) 15530 x C1 - 227) CFG home depot) = 1211 3.4 4018 x (1–22%) (Fol lowes) 3134sales * Net Operahing assets turnover Net operating assets 108203 Fs home depot 4.29 29217 71309 3.50 For ( lowe 1 20326 lowe

Add a comment
Know the answer?
Add Answer to:
Selected Income statement information for 2018 is presented below for Home Depot, Inc. and Lowe's Companies...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • i need help with 1,2,3 Compute NOPAT Selected income statement information for 2018 is presented below...

    i need help with 1,2,3 Compute NOPAT Selected income statement information for 2018 is presented below for Home Depot Inc. and Lowe's Companies in Pretax Net Average Net Nonoperating Tax Operating Company ($ millions) Ticker Sales NOPBT Expense Expense Assets Home Depot HD $108,203 $15,841 $993 $3,504 $25,721 Lowe's LOW 72,735 4,098 636 1,080 20,326 a. Compute the following measures for both companies. Measure Rounding Instructions 1. Net operating profit (NOPAT) Round to nearest whole dollar 2. Return on net...

  • Identify and Compute NOPAT Following is the income statement for Lowe's Companies Inc. LOWE'S COMPANIES INC....

    Identify and Compute NOPAT Following is the income statement for Lowe's Companies Inc. LOWE'S COMPANIES INC. Consolidated Statement of Earnings Twelve Months Ended (in millions) Feb. 1. 2019 Net sales $71,309 Cost of sales 48,401 Gross margin 22.908 Expenses Selling general and administrative 17,413 Depreciation and amortization 1.477 Operating income 4,018 Interest expense, net 624 Pretax earnings 3.394 Income tax provision 1.090 Net earnings $2.314 Compute its net operating profit after tax (NOPAT) for the 12 months ended ended February...

  • Refer to the balance sheet information below for Home Depot. Compute RNOA with Disaggregation Refer to...

    Refer to the balance sheet information below for Home Depot. Compute RNOA with Disaggregation Refer to the balance sheet Information below for Home Depot. S millions Feb. 3. 2019 Jan 28, 2018 Operating assets $42.225 540,934 Nonoperating assets 1.778 3.595 Total assets $44003 $44,529 Operating liabilities 516,679 516,047 Nonoperating liabilities 29.202 27.028 Total abilities 545.881 $43.075 Net sales $100.203 Operating expense before tax 92.673 Net operating profit before tax (NOPBT) 15.530 Other expense 974 Income before tax 14.556 Tax expense...

  • Compute RNOA, Net Operating Profit Margin, and NOA Turnover Selected balance sheet and income statement information...

    Compute RNOA, Net Operating Profit Margin, and NOA Turnover Selected balance sheet and income statement information for Netflix Inc. the world's leading Internet entertainment service, follows. 2018 Net 2017 Net 2018 2018 Operating Operating Revenue NOPAT Assets Assets $15,794,341 $1,506,681 $11,804,340 $7,258,593 Company ($ thousands) Ticker Netflix, Inc NFLX a. Compute return on net operating assets (RNOA). Note: Round percentage to one decimal places (for example, enter 6.7% for 6.6555%). % b. Disaggregate RNOA into net operating profit margin (NOPM)...

  • Compute RNOA with Disaggregation Selected balance sheet and income statement information for Home Depot follows. $...

    Compute RNOA with Disaggregation Selected balance sheet and income statement information for Home Depot follows. $ millions Jan. 31, 2016 Feb. 01, 2015 Operating assets $40,683 $38,573 Nonoperating assets 2,266 1,773 Total assets 42,949 40,346 Operating liabilities 15,043 13,552 Nonoperating liabilities 21,275 17,157 Total liabilities 36,318 30,709 Sales 89,234 Net operating profit before tax (NOPBT) 12,124 Nonoperting expense before tax 803 Tax expense 4,001 Net income 7,320 Round answers to two decimal places (ex: 0.12345 = 12.35%). a. Compute return...

  • Refer to the balance sheet information below for Home Depot. 0.00 out of 3.00 P Flag...

    Refer to the balance sheet information below for Home Depot. 0.00 out of 3.00 P Flag question Compute RNOA with Disaggregation Refer to the balance sheet information below for Home Depot. Smillions Feb. 3. 2019 Jan. 28. 2018 Operating assets $42.225 $40,934 Nonoperating assets 1.778 3,595 Total assets $44,003 544529 Operating liabilities 516.679 $16,047 Nonoperating abilities 29,202 27,028 Total liabilities $45,881 $43.075 Net sales $101.203 Operating expense before tax 92.673 Net operating profit before tax (NOPAT) 15.530 Other expense 974...

  • Compute ROE and RNOA with Disaggregation Selected balance sheet and income statement information for Home Depot...

    Compute ROE and RNOA with Disaggregation Selected balance sheet and income statement information for Home Depot follows. Please help. I have figured out part a and the NOAT of part d. Everything else I cannot find. Compute ROE and RNOA with Disaggregation Selected balance sheet and income statement information for Home Depot follows. $ millions Operating assets Nonoperating assets Total assets Operating liabilities Nonoperating liabilities Total liabilities Total stockholders' equity Sales Net operating profit before tax (NOPBT) Nonoperting expense before...

  • Compute ROE and RNOA with Disaggregation Selected balance sheet and income statement information for Home Depot...

    Compute ROE and RNOA with Disaggregation Selected balance sheet and income statement information for Home Depot follows. Compute ROE and RNOA with Disaggregation Selected balance sheet and income statement information for Home Depot follows. $ millions Operating assets Nonoperating assets Total assets Operating liabilities Nonoperating liabilities Total liabilities Total stockholders' equity Sales Net operating profit before tax (NOPBT) Nonoperting expense before tax Tax expense Net income Jan. 31, 2016 Feb. 01, 2015 $40,683 $38,573 2,266 1,773 42,949 40,346 15,043 13,552...

  • Compute RNOA with disaggregation. Compute RNOA with Disaggregation Refer to the balance sheet information below for...

    Compute RNOA with disaggregation. Compute RNOA with Disaggregation Refer to the balance sheet information below for Home Depot. $ millions Feb. 3, 2019 Jan. 28, 2018 Operating assets $42,225 $40.934 Nonoperating assets 1,778 3,595 Total assets $44,003 $44,529 Operating liabilities $16,679 $16,047 Nonoperating liabilities 29,202 27,028 Total liabilities $45,881 $43,075 Net sales $108,203 Operating expense before tax 92,673 Net operating profit before tax (NOPBT) 15,530 Other expense 974 Income before tax 14,556 Tax expense Net income 3,435 $11,121 Round all...

  • Selected balance sheet and income statement information for Home Depot follows. Compute ROE and RNOA with...

    Selected balance sheet and income statement information for Home Depot follows. Compute ROE and RNOA with Disaggregation Selected balance sheet and income statement information for Home Depot follows. $ millions Operating assets Nonoperating assets Total assets Operating liabilities Nonoperating liabilities Total liabilities Total stockholders' equity Sales Net operating profit before tax (NOPBT) Nonoperting expense before tax Tax expense Net income Jan. 31, 2016 Feb. 01, 2015 $40,683 $38,573 2,266 1,773 42,949 40,346 15,043 13,552 21,275 17,157 36,318 30,709 6,631 9,637...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT