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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
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 January 28, 2006 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 Income from continuing operations before provision for income taxes Provision for income taxes Income from continuing operations Gain from discontinued operations, net of income taxes $16,057,935 12,295,016 2,723,960 29,632 1,009,327 318,904 690,423 Net income 690,423
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