Please review this document and answer the following questions. Copy paste the following URL into your browser
Question:
Please review this document and answer the following questions.
Copy paste the following URL into your browser to see the financial statements: https://www.tjx.com/docs/default-source/investor-docs/annual-reports/tjx-2017-annual-report.pdf?sfvrsn=3ca63279_1
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?