The income statement for TJX Companies follows. TJX provides the following footnote disclosure relating to its effective
Question:
The income statement for TJX Companies follows.
TJX provides the following footnote disclosure relating to its effective tax rate:
Compute TJX's NOPAT for 2013 using its income tax footnote disclosure.
Transcribed Image Text:
TJX COMPANIES Consolidated Statements of Income Fiscal Year Ended ($ thousands) Net sales... Cost of sales, including buying and occupancy costs.. Selling, general and administrative expenses .. Provision (credit) for computer intrusion related costs... Interest expense, net... Income from continuing operations before provision for income taxes. Provision for income taxes..... Net income... February 2, 2013 $25,878,372 18,521,400 4,250,446 - 29,175 3,077,351 1,170,664 $ 1,906,687
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Related Book For
Financial And Managerial Accounting For MBAs
ISBN: 9781618533593
6th Edition
Authors: Peter D. Easton
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