8 Use the balance sheets for the fiscal 2013 (year ended February 1, 2014) for Staples, Inc. to compute the following: Operating assets Operating liabilities Net operating assets (NOA) а. b. с. STAPLES, INC. and Subsidiaries Consolidated Balance Sheets (in thousands) February 1, 2014 $ 492,532 1,838,714 Cash and cash equivalents Receivables, net Merchandise inventories, net 2,328,299 179,566 Deferred income tax asset Prepaid expenses and other current assets Total current assets 400,447 5,239,558 Net property and equipment Intangible assets, net 1,870,719 382,700 Goodwill 3,233,597 448,302 Other assets Total assets $11,174,876

8 Use the balance sheets for the fiscal 2013 (year ended February 1, 2014) for Staples, Inc. to compute the following: Operating assets Operating liabilities Net operating assets (NOA) а. b. с. STAPLES, INC. and Subsidiaries Consolidated Balance Sheets (in thousands) February 1, 2014 $ 492,532 1,838,714 Cash and cash equivalents Receivables, net Merchandise inventories, net 2,328,299 179,566 Deferred income tax asset Prepaid expenses and other current assets Total current assets 400,447 5,239,558 Net property and equipment Intangible assets, net 1,870,719 382,700 Goodwill 3,233,597 448,302 Other assets Total assets $11,174,876

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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How to calculate Net Operating Asset from this balance sheet for fiscal year-end 2015 .