Key figures for Best Buy, Circuit City, and RadioShack follow. Required 1. Compute common-size percents for each
Question:
Required
1. Compute common-size percents for each of the companies using the data provided. (Round percents to one decimal.)
2. Which company retains a higher portion of cumulative net income in the company?
3. Which company has a higher gross margin ratio on sales?
4. Which company holds a higher percent of its total assets asinventory?
Transcribed Image Text:
($ mlⅢons) Best Buy Circult City RadioShack Cash and equivalents -$ 141 383 1,637 1.336 $ 472 248 ...$ 1.205 4.028 5,507 Retalned earnings - . 1,78 9,50 Revenues ...35,934 13,570 12.430 4,007 Total assets 2,070
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1 Key figures millions Best Buy Circuit City RadioShack Cash and equivalents 89 1205 35 141 228 472 ...View the full answer
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