Calculate Capital Acquisition Ratio for 2017, 2018, 2019 (round to hundredths) The TJX Companies, Inc. CONSOLIDATED STATEMENTS
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The TJX Companies, Inc. CONSOLIDATED STATEMENTS OF INCOME Amounts in thousands except per share amounts Net sales Cost of sales, including buying and occupancy costs Selling, general and administrative expenses Impairment of goodwill and other long-lived assets, related to Sierra Loss on early extinguishment of debt 27,831,177 6,923,564 Pension settlement charge Interest expense, net Fiscal Year Ended February 2 2019 February 3 2018 January 28 2017 (53 weeks) 38,972,934 S 35,864,664 $ 33,183,744 25,502,167 23,565,754 6,375,071 5,768,467 99,250 51,773 36,122 31,173 8,860 4,173,211 31,588 3,856,588 43,534 3,723,043 1,113,413 1,248,640 1,424,809 3,059,798 S 2,607,948 $ 2,298,234 Income before provision for income taxes Provision for income taxes Net income Basic eamings per share: Net income Weighted average common shares - basic Diluted eamings per share: 2.47 S 1,241,153 2.05 $ 1,273,654 1.75 1,311,294 Net income 2.43 $ 2.02 $ Weighted average common shares - diluted 1,259,252 1,292,209 1.73 1,328,864 The TJX Companies, Inc. CONSOLIDATED STATEMENTS OF INCOME Amounts in thousands except per share amounts Net sales Cost of sales, including buying and occupancy costs Selling, general and administrative expenses Impairment of goodwill and other long-lived assets, related to Sierra Loss on early extinguishment of debt 27,831,177 6,923,564 Pension settlement charge Interest expense, net Fiscal Year Ended February 2 2019 February 3 2018 January 28 2017 (53 weeks) 38,972,934 S 35,864,664 $ 33,183,744 25,502,167 23,565,754 6,375,071 5,768,467 99,250 51,773 36,122 31,173 8,860 4,173,211 31,588 3,856,588 43,534 3,723,043 1,113,413 1,248,640 1,424,809 3,059,798 S 2,607,948 $ 2,298,234 Income before provision for income taxes Provision for income taxes Net income Basic eamings per share: Net income Weighted average common shares - basic Diluted eamings per share: 2.47 S 1,241,153 2.05 $ 1,273,654 1.75 1,311,294 Net income 2.43 $ 2.02 $ Weighted average common shares - diluted 1,259,252 1,292,209 1.73 1,328,864
Expert Answer:
Answer rating: 100% (QA)
To calculate the Capital Acquisition Ratio CAR we use the formu... View the full answer
Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
Posted Date:
Students also viewed these accounting questions
-
In its annual report, WRS Athletic Supply, Inc., includes the following five-year financial summary. Requirement 1. Analyze the companys financial summary for the fiscal years 20112015 to decide...
-
Describe the nature of distribution channels and why marketing intermediaries are used. Identify and evaluate the different marketing intermediaries available to a boutique hotel and the benefits of...
-
How might a shareholders agreement influence a companys financial report-ing objectives?
-
What is the main purpose of the Pension Benefit Guarantee Corporation (PBGC)?
-
If each wire can sustain a maximum tension Tmax before it fails, determine the greatest weight of the chandelier the wires will support in the position shown. Given: Tmax = 120 lb r = 1 ft h = 2.4 ft...
-
Describe the accounting treatment for exchange differences that relate to revalued assets.
-
Pamela owns 100% of Sigma Corporations stock. She purchased her stock ten years ago, and her current basis for the stock is $300,000. On June 10, Pamela decided to liquidate Sigma. Sigmas balance...
-
Try replacing Batch Normalization with SELU, and make the necessary adjustments to ensure the network self - normalizes ( i . e . , standardize the input features, use LeCun normal initialization,...
-
The Royal Seas Company runs a three-night cruise to the Caribbean from Port Canaveral. The company wants to run TV ads promoting its cruises to high-income men, high-income women, and retirees. The...
-
Utilize the MAX and MIN functions to return the highest and lowest rates (hourly salary) in the"HumanResources.EmployeePayHistory" table. I encourage you to inspect the table and the examples in...
-
The UK has a hybrid stock exchange where the largest companies are traded on an electronic order book and the smallest firms are traded through a competitive dealer market. Do you think this is a...
-
What are the main similarities and differences between private and public limited companies? Why are all firms not publicly listed?
-
In the previous question, Elan Corp plc announced that it plans to increase its non-current assets by 100 million. If the company wishes to maintain its ratio of total liabilities to equity, how much...
-
In 2012, the Argentinian government nationalized YPF, which is a subsidiary of Repsol, the Spanish oil giant. YPF was integral to the operations of Repsol. The firm was set up 10 years earlier, and...
-
Give an overview of the UK Stewardship Code (2012) and explain its importance. What is the most important principle? Does the Code have any weaknesses?
-
A sports club has100 members, of whom 46 are male and 54 are female members. Out of the male members 22 play tennis and 24 play squash. Out of the female members, 33 play tennis and 21 play squash....
-
Assume today is the 21st of February. Using the information below, FT Extract, answer the following questions (parts i and ii). You work for a US company that is due to receive 250 million in June...
-
Frank Lou had recently been promoted to construction manager at a development firm. He was responsible for dealing with contractors who were bidding on a multi-million dollar excavation job for the...
-
Suppose you manage the local Scoopys ice cream parlor. In addition to selling ice-cream cones, you make large batches of a few flavors of milk shakes to sell throughout the day. Your parlor is chosen...
-
Network Technologies manufactures capacitors for cellular base stations and other communication applications. The companys July 2012 flexible budget income statement shows output levels of 7,000,...
-
Which of these changes would allow you to get closer to the mirage before it vanishes? A. Making the pocket of hot air nearer in temperature to the air above it B. Looking for the mirage on a windy...
-
If you could clearly see the image of an object that was reflected by a mirage, the image would appear A. Magnified. B. With up and down reversed. C. Farther away than the object. D. With right and...
-
A student tries to use a diverging lens as a magnifier. She observes a coin placed at the focal point of the lens. She sees A. An upright image, smaller than the object. B. An upright image, larger...
Study smarter with the SolutionInn App