Instructions:

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

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.

C) Compute your chosen companys return on assets, profit margin, and asset turnover; both with and without cannibalization of the new product or service.

D) Discuss the implications that your findings in parts (A, B and C) have on each Executives assessment of performance and final decision.

E) Are there any other options that the Company and Executives should consider? What impact would each of these alternatives have on the above ratios?

TJ MAXX Link to 10K Form

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

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