Compute Net Operating Profit after Tax Compute Net Operating Profit after Tax Selected...
90.2K
Verified Solution
Link Copied!
Question
Finance
Compute Net Operating Profit after Tax
Compute Net Operating Profit after Tax Selected balance sheet and income statement information for Home Depot follows. S millions Operating assets Nonoperating assets Total assets Jan. 31, 2016 Feb. 01, 2015 538,223 1,723 39,946 13,427 17,197 30,624 $40,333 2,216 42,549 14,918 21,315 36,233 Operating liabilities Nonoperating liabilities Total liabilities Total stockholders' equity 6,316 9,322 Sales Net operating profit before tax (NOPBT) Nonoperting expense before tax Tax expense Net income 88,519 11,774 753 4,012 7,009 Compute net operating profit after tax for the year ended January 31, 2016, Assume a statutory tax rate of 37%. Round answer to the nearest whole number Check
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
