T.J. Maxx BUSN 5200 T.J. Maxx History 1919 New England Trading Company 1929 First retail ladies hosiery 1956 Stanley & Sumner Feldberg opened first discount store 1962 Company become incorporated as Zayre Corporation 1969 Purchased Hit or Miss – Upscale off-price fashion market 1977 First T.J. Maxx name stores opened in Massachusetts 1983 Chadwick of Boston – Mail order 1984 Membership warehouse Club – BJ’s Wholesale 1988 Re-organization – Zayre sold to Ames Dept
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Kelsie Bellino Homework Assignment for Week 4: • Prepare a ratio analysis for the fiscal year ended Dec 31‚ 2012. Organize your analysis per the following outline: (1) Liquidity - Current ratio: current assets/ current liabilities= 25‚000/17‚000 = 1.47% - Quick ratio: current assets-inventory/ current liabilities= 25‚000-17‚000 / 17‚000 = .25 (note: 17‚000 cancels itself out) Comments on liquidity: Cannot tell if these ratios are good or bad without more information on the company’s
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BUSN 5200 Homework Assignment for Week 4: For Week 4‚ please complete the following for Joe’s Fly-By-Night Oil Company‚ whose financial statements are shown below: • Prepare a ratio analysis for the fiscal year ended Dec 31‚ 2012. Organize your analysis per the following outline: (1) Liquidity - Current ratio: 25‚000/17‚000=1.47% Quick ratio: 25‚000-17‚000/17‚000=25‚000 Comments on liquidity- The results cant really determine how well or bad the company is doing
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1. (Monthly compounding) If you bought a $1‚000 face value CD that matured in nine months‚ and which was advertised as paying 9% annual interest‚ compounded monthly‚ how much would you receive when you cashed in your CD at maturity? PV 1000 Annual interest Rate 0.09 r 0.0075 n 9 1069.560839 Amount at Maturity: $1‚069.56 2. (Annualizing a monthly
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Course Project Part II Introduction You will assume that you still work as a financial analyst for AirJet Best Parts‚ Inc. The company is considering a capital investment in a new machine and you are in charge of making a recommendation on the purchase based on (1) a given rate of return of 15% (Task 4) and (2) the firm’s cost of capital (Task 5). Task 4. Capital Budgeting for a New Machine A few months have now passed and AirJet Best Parts‚ Inc. is considering the purchase on a new machine
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References: (Kelly‚ McGowen. (2012). BUSN 4 (4th ed.‚ pp.223-224). Mason‚ OH: Cengage Learning).
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Assignment#1 by Narasimha Rao Tippi BUSN 6110 – Chapter 2 ____________________________________________________________ _______________ Question: Coordinating departments in a major project is always a challenge. Which department within the Starwood organization likely played a role in each of the following projects related activities? a. Defining and organizing the project b. Planning the project c. Monitoring and controlling the project Answer: Defining and organizing
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Part 1 Part 1: Search the internet for the term "IT outsourcing". Find at least two articles that discuss outsourcing‚ whether beneficial or controversial. Summarize the articles and answer the following questions in a two to three page paper: Outsourcing is the lifeblood of IT. The prevailing theory is that outsourcing saves companies money and enables them to engage a broader pool of IT skills and talent than they could in-house. http://www.itoutsourcinghq.com/ Summary: The above
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How can bursting of an asset-price bubble in the stock market help trigger a financial crisis? * When this happens the price of the bubble will realign with their fundamental economic values‚ companies will see their net worth decline and the value of their collateral they can pledge will drop. It causes a decline in the value of the institutions’ asset‚ whereby causing a decline in the net worth of the company. This deterioration in the balance sheets causes them to deleverage‚ worsening
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sn 1601. A method of bringing about gradual‚ low-risk change in an organization by changing the tasks to make them more interesting and challenging is: A) Strategic planning B) Force field analysis C) Job redesign D) Total Quality Management 2. Assuring that there are foods at a work party that are acceptable to all employees is an example of: A) Bias B) Empathy C) Inclusivity D) Predjudice 3. Suggestions for telephone manners include: A) Answering promptly and correctly. B) Hanging up
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