Provide a response to Case 9: The TJX Companies, Inc. (p. 437)answer the question at the bottom of text on page 445 (last paragraph). Also, Do not "Design a three year strategic plan..." as outlined in the final statement. In lieu of this question, you are to answer the following questions:

Develop the projected financial statements that fully assess and evaluate the impact of your proposed strategy. This should include a full balance sheet, income statement, and EPS/EBIT analysis.

Therefore, the 2 items to complete questions/statements are the following:

1. How aggressively should TJX expand globally, and where, and when, to maximize the value of the company for shareholders?

2. Develop Projected Financial Statements that fully assess and evaluate the impact of the proposed strategy. This should include a projected income statement, balance sheet, and EPS/EBIT analysis.

Source: Strategic Management - A Competetive Advantage Approach | Fred R. David & Forrest R. David 2016

Q on PG 445:

At HomeGoods, TJX recently raised their estimates for its long-term growth store potential to approximately 1,000 stores. This is double the current base and 175 more stores than TJX's prior estimates. The HomeGoods profit margin hit a divisional record of 13.6 percent.

1. How aggressively should TJX expand globally, and where, and when, to maximize the value of the company for shareholders?

2. Develop Projected Financial Statements that fully assess and evaluate the impact of the proposed strategy. This should include a projected income statement, balance sheet, and EPS/EBIT analysis.

Manage Orders EXHIBIT 2 Tux's Total Number of Stores 2015 2014 Business 1,079 1,119 MarmaxX 942 USA TJ Maxx 975 450 USA Marshalls 487 Home Goods Sierra Trading Post TJX Canada 227 234 Winners HomeSense 27 38 Marshalls TJX Europe 371 407 TK. Maxx 28 33 HomeSense 3,219 3,395 TJX Totals Source: Based on a TJX Q4 2015 press release. EXHIBIT 3 Tux's Revenue and Profits (in thousands of USD) 2013 2014 Revenues $17,011,409 $17,929,576 USA Marmaxx 2,657,111 2,993,718 USA HomeGoods 2,925,991 2,877,834 TJX Canada 3,283,861 3,621,568 TJX Europe $25,878,372 $27,422,696 Totals Profits 2013 2014 USA Marmaxx $2,486,274 $2,612,693 USA Home Goods 324,623 386,541 TJX Canada 414,914 405,363 TJX Europe 275,453 215,713 Totals* $3,319,489 $3,077,351 *Adjusted to reflect interest and corporate expenses. Source: TJX's 2014 Annual Renart n 10 sales track TJX style like or re at a co Manage Orders EXHIBIT 2 Tux's Total Number of Stores 2015 2014 Business 1,079 1,119 MarmaxX 942 USA TJ Maxx 975 450 USA Marshalls 487 Home Goods Sierra Trading Post TJX Canada 227 234 Winners HomeSense 27 38 Marshalls TJX Europe 371 407 TK. Maxx 28 33 HomeSense 3,219 3,395 TJX Totals Source: Based on a TJX Q4 2015 press release. EXHIBIT 3 Tux's Revenue and Profits (in thousands of USD) 2013 2014 Revenues $17,011,409 $17,929,576 USA Marmaxx 2,657,111 2,993,718 USA HomeGoods 2,925,991 2,877,834 TJX Canada 3,283,861 3,621,568 TJX Europe $25,878,372 $27,422,696 Totals Profits 2013 2014 USA Marmaxx $2,486,274 $2,612,693 USA Home Goods 324,623 386,541 TJX Canada 414,914 405,363 TJX Europe 275,453 215,713 Totals* $3,319,489 $3,077,351 *Adjusted to reflect interest and corporate expenses. Source: TJX's 2014 Annual Renart n 10 sales track TJX style like or re at a co