What Is the Net Profit Margin for TJX Inc

question 68

Multiple Choice

What is the net profit margin for TJX Inc. if the current ratio = 2; total asset turnover =1.5; total assets = $100,000; and EBIT = $30,000? Assume the marginal tax rate for TJX is 40% and that interest expenses are $10,000.

• A) 20%
• B) 8%
• C) 12%
• D) 6%

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Definitions:

Cell Membrane

The semipermeable membrane surrounding the cytoplasm of a cell, controlling the movement of substances in and out of the cell.

Nucleus

A membrane-bound organelle found in eukaryotic cells that contains most of the cell's genetic material.

Ribosomes

Organelles within cells that function as the sites of protein synthesis, translating messenger RNA into protein.

Protein Synthesis

The process by which cells produce proteins through the decoding of DNA and RNA sequences, crucial for cellular function and repair.