Question
1. What are the main risk factors that the firm faces? 2. What happened to revenues and same-store sales in 2017? Briefly discuss the principal
1. What are the main risk factors that the firm faces?
2. What happened to revenues and same-store sales in 2017? Briefly discuss the principal factors that affected the company's revenues and comparable store sales in 2017.
3. Did the firm's liquidity improve between 2016 and 2017? What factors contributed to this trend? Explain.
4. Based on your analysis of the 2016 and 2017 financial ratios, did TJX Companies' profitability improve?
5. What happened to the firm's "efficiency ratios" between 2016 and 2017? What factors explain these trends?
Step by Step Solution
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Step: 1
The main risk factors that TJX Companies face include Economic conditions such as recession or inflation which could negatively impact consumer spending and reduce demand for its products Dependence o...
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Step: 2
Step: 3
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Auditing A Practical Approach
Authors: Robyn Moroney
1st Canadian Edition
978-1118472972, 1118472977, 978-1742165943
