Question: How would the forecasts in Table 8-2 change if TJX were to maintain a sales growth rate of 10 percent per year from 2011 to

How would the forecasts in Table 8-2 change if TJX were to maintain a sales growth rate of 10 percent per year from 2011 to 2020 (and all the other assumptions are kept unchanged)?

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2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Sales growth rate 100 100 100 100 100 100 100 100 100 100 NOPAT margin 79 75 71 67 63 59 55 50 45 40 ... View full answer

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