Case Analysis of TJX Companies, Inc. (2015)
Instructions:
Provide a response to Case 9: The TJX Companies, Inc. (2015) (p. 437)-answer the question at the bottom of text page 445(last paragraph).
Develop projected financial statements that support your recommendations and strategies, including a narrative that explains your assumptions presented in these statements
1. How aggressively should TJX expand globally, and where, and when, to maximize the value of the company for shareholders?
2. Develop the projected financial statements that fully assess and evaluate the impact of your proposed strategy. Include (a) a full balance sheet; (2) an income statement; and (3) EPS/EBIT analysis.
Financial Plan Narrative
In this section discuss the assumptions using the tips for projecting the financial statements in below as a general guide. This narrative will be presented with your projected financial statements.
1. How aggressively should TJX expand globally, and where, and when, to maximize the value of the company for shareholders?
2. Develop the projected financial statements that fully assess and evaluate the impact of your proposed strategy. Include (a) a full balance sheet; (2) an income statement; and (3) EPS/EBIT analysis.
Financial Plan Narrative
In this section discuss the assumptions using the tips for projecting the financial statements in below as a general guide. This narrative will be presented with your projected financial statements.
Projected Financial Statements
Use the TJX Companies, Inc. (2015) financial statements as of February 1, 2015 (p. 441) to project future years of your implementation.
Tips:
• You may use the downloadable template provided on the strategyclub.com website
o Enter the financial data on Worksheet Part II
o Use TJX Companies, Inc. (2015) financial statements as of February 1, 2015 (p. 441)
• Financial ratios: You may need to calculate ratios to project financial data for future years.
• Balance sheet
o How will your recommended strategies be funding? Cash, debt, shareholders' dividends?
o How will assets, liabilities, and shareholders' equity be affected by your strategies?
• Income Statement
o How will your recommended strategies affect revenue? Will revenues decrease initially? When will revenues increase?
o What expenses are involved to implement your recommended strategies? When will these costs be incurred? When will these costs decrease or no longer be required?
• EPS/EBIT Analysis
o How will your strategies affect EPS?
o Will shares be used to finance the implementation of the proposed strategies?
o How will a decline or increase in revenue affect EPS?
o How will earnings be affected?
o What will be the effect on taxes?
• See Chapter 8, pages 255-262),for information about how to project financial statements and the Chapter 8 PowerPoint slides.
• Use the resources in the Collaboration and Community Center forum of the Discussion Board regarding projecting financial statements.
Projected Balance Sheet
Fill out the appropriate columns for the number of years that are needed for your recommendations to be implemented.(attached)
Projected Income Statement
Fill out the appropriate columns for the number of years that are needed for your recommendations to be implemented.(attached)
Attachment:- Assignmetn data.rar