Homework #3 - CASE 15.docx - CASE 15 u2013 Tiffany Co and...

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CASE 15 – Tiffany & Co. and TJX: Comparing Financial Performance 1. Calculate the following for both Tiffany and TJX using data from the abbreviated income statements and balance sheets in Exhibit 1. a. Gross margin percentage b. SG&A expense percentage c. Operating profit margin percentage d. Net profit margin (after taxes) percentage e. Inventory turnover f. Asset turnover

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