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Can someone please help me figure out the NOPAT, I would appreciate it. The tax has a footnote of 39.2% so this has to be

Can someone please help me figure out the NOPAT, I would appreciate it. The tax has a footnote of 39.2% so this has to be calculated instead of the listed 38%.

image text in transcribed Compute NOPAT Using Tax Rates from Tax Footnote The income statement for The TJX Companies, Inc., follows. THE TJX COMPANIES, INC. 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 (revenue), net February 2, 2013 $25,878,372 18,521,400 4,250,446 29,175 Income from continuing operations before provision for income taxes 3,077,351 1,170,664 Provision for income taxes Net income $ 1,906,687 U.S. federal statutory income tax rate Effective state income tax rate Impact of foreign operation 35.0% 4.2% -0.9% -0.3% All other Worldwide effective income tax rate 38.0% Compute TJX's NOPAT for 2013 using its income tax footnote disclosure. (The Federal and State tax rate for 2013 as reported by TJX's tax footnote is: 39.2%). Round to the nearest whole number

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