Current Years data are available in the 10K you retrieved. Please calculate Proposed Results Amounts and fill out the table below as indicated. For the Company TJ MAXX.

Read the 10-K and use it to calculate the following ratios. Be sure to clearly label and show your calculations and reference the information from the 10-K in APA format.

Please choose a nationally recognized company for providing high-quality services or products. Management is concerned that the company is not fully exploiting its brand power. Imagine that Companys production managers are concerned because their productive capacities are not operating at near full capacity. Management is currently considering a proposal to offer a new line of affordable new products or services.

Those in favor of the proposal (including the vice president of production) believe that, by offering these new products or services, the company could attract a clientele that it is not currently servicing. Also, it could operate its plants at full capacity, thus taking better advantage of its assets.

The vice president of marketing, however, believes that the lower-priced (and lower-margin) product or service would have a negative impact on the sales of existing products or services. The vice president believes that the equivalent of 20% of current years sales of the new low cost product or service will be from customers that would have purchased the more expensive product but switched to the lower-margin product or service because it was available. (This is often referred to as cannibalization of existing sales.) Top management feels, however, that even with cannibalization, the companys sales will increase and the company will be better off.

Link to the 10K form as well.

https://www.sec.gov/Archives/edgar/data/109198/000119312517099642/d269088d10k.htm

A)

(In thousands)	Current Results	Proposed Results without Cannibalization	Proposed Results with Cannibalization
Sales Revenue	Current years sales $......	$....Increase of 30% from current years sales	$....Increase of 10% from current years sales
Net Income	Current years net income $.........	$... Increase by 8% from current years net income	$....Same as current years net income
Average total assets	$....(Beginning Assets Balance + Ending Assets Balance)/2	$...Same as current years Average Total Assets	$...Same as current years Average Total Assets

B) Identify the chosen company, its products/services and simulate or create a lower margin product or service for it. Do not determine price, cost or margin for the product; just name and describe it.

The TJX Companies, Inc CONSOLIDATED BALANCE SHEETS January 28 2017 anuary 30o except share smounts ASSETS Current assets Cash and cash equivalents 2,929,849 S 543,242 258,831 3,644,959 373,893 7,750,774 4,532,894 6,193 195,871 398,076 12,883,808 2.095.473 352,313 238,072 3,695,113 391.589 772,560 4.137,575 13,831 193,911 372,554 11.490.431 Accounts receivable, net Merchandise inventories aid ses and other current assets Total current assets Net property at cost Non-current deferred income taxes, net Goodwill Other assets TOTAL ASSETS LIABILITIES Current liabilities: 2.203,050 2,069,659 129.521 Accounts payable 2,230,904 2,320,464 206,288 Accrued expenses and other current liabilities Federal, state and foreign income taxes payable Total current liabilities 881,021 285.102 1.615,003 Other long-term liabilities Non-current deferred income taxes, net Long-term debt Commitments and contingencies (See Note M and Note O) SHAREHOLDERS' EQUITY Preferred stock, authorized 5,000,000 shares, par value $1, no shares issued Common stock, authorized 1,200,000,000 shares, par value $1, issued and outstanding 646,319,046 and 663,495,715, respectively Additional paid-in capital Accumulated other comprehensive income (loss) Retained earnin 1,073,954 314,000 2,227,599 646,319 663,496 (694,226) 4,558,506 4,510,599 12,883,808 (667.472) 4,311,051 4.307.075 11.490.431 Total shareholders OTAL LIABILITIES AND SHAREHOLDERS EQUI The TJX Companies, Inc CONSOLIDATED BALANCE SHEETS January 28 2017 anuary 30o except share smounts ASSETS Current assets Cash and cash equivalents 2,929,849 S 543,242 258,831 3,644,959 373,893 7,750,774 4,532,894 6,193 195,871 398,076 12,883,808 2.095.473 352,313 238,072 3,695,113 391.589 772,560 4.137,575 13,831 193,911 372,554 11.490.431 Accounts receivable, net Merchandise inventories aid ses and other current assets Total current assets Net property at cost Non-current deferred income taxes, net Goodwill Other assets TOTAL ASSETS LIABILITIES Current liabilities: 2.203,050 2,069,659 129.521 Accounts payable 2,230,904 2,320,464 206,288 Accrued expenses and other current liabilities Federal, state and foreign income taxes payable Total current liabilities 881,021 285.102 1.615,003 Other long-term liabilities Non-current deferred income taxes, net Long-term debt Commitments and contingencies (See Note M and Note O) SHAREHOLDERS' EQUITY Preferred stock, authorized 5,000,000 shares, par value $1, no shares issued Common stock, authorized 1,200,000,000 shares, par value $1, issued and outstanding 646,319,046 and 663,495,715, respectively Additional paid-in capital Accumulated other comprehensive income (loss) Retained earnin 1,073,954 314,000 2,227,599 646,319 663,496 (694,226) 4,558,506 4,510,599 12,883,808 (667.472) 4,311,051 4.307.075 11.490.431 Total shareholders OTAL LIABILITIES AND SHAREHOLDERS EQUI