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)

january 27, 2007

net sales

$17,404,637

cost of sales, including buying and occupancy costs

13,213,703

selling, general and administrative expenses

2,923,560

provision (credit) for computer intrusion related costs

4,960

interest expense (revenue), net

15,566

income from continuing operations before provision for income taxes

1,246,848

provision for income taxes

470,092

income from continuing operations

776,756

gain/(loss) from discontinued operations, net of income taxes

(38,717)

net income

$ 738,039

u. s. federal statutory income tax rate

35.0%

effective state income tax rate

4.0%

impact of foreign operation

-0.4%

all other

-0.9%

worldwide effective income tax rate

37.7%

compute tjx's nopat for 2007 using its income tax footnote disclosure. (the federal and state tax rate for 2007 as reported by tjx's tax footnote is: 39.0%). round to the nearest whole number. 2007 nopat = $answer

The county collector of suncoast county is responsible for collecting all property taxes levied by funds and governments within the boundaries of the county. to reimburse the county for estimated administrative expenses of operating the tax agency fund, the agency fund deducts 1.5 percent from the collections for the town, the school district, and the other towns. the total amount deducted is added to the collections for the county and remitted to the suncoast county general fund.the following events occurred in 2017: 1. current-year tax levies to be collected by the agency were: county general fund $ 10,333,000 town of bayshore general fund 4,840,000 suncoast county consolidated school district 6,550,000 other towns 3,120,000 total $ 24,843,000 2. $13,700,000 of current taxes was collected during the first half of 2017.3. liabilities to all funds and governments as a result of the first half-year collections were recorded. (a schedule of amounts collected for each participant, showing the amount withheld for the county general fund and net amounts due the participants, is recommended for determining amounts to be recorded for this transaction.)4. all cash in the tax agency fund was distributed.requireda. prepare journal entries for each of the foregoing transactions that affected the tax agency fund. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your answers to the nearest whole dollar amount.)1. record the current-year tax levies to be collected by the agency.2.record the current taxes collected during the first half of 2017.3.record the liabilities due to all funds and governments at the end of first half-year.4. record the distribution of all cash in the tax agency fundb. prepare journal entries for each of the foregoing entries that affected the town of bayshore general fund. begin with the tax levy entry, assuming 2 percent of the gross levy will be uncollectible. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your answers to the nearest whole dollar amount.)1.record the revenues receivable and uncollectible.2. record the taxes collected

What happens when a bank is required to hold more money in reserve?

What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.