Best Buy Co., Inc.s consolidated statements of earnings from its 2009 annual report are presented in Exhibit
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Required
a. Using the statement of earnings, prepare a vertical common-size analysis for 2009, 2008, and 2007. Use revenue as a base.
b. Using the statement of earnings, prepare a horizontal common-size analysis for 2009, 2008, and 2007. Use 2007 as the base.
c. Comment on significant trends that appear in (a) and (b).
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a Best Buy Co Inc Consolidated Statements of Earnings Vertical CommonSize For the fiscal years ended February 28 2009 March 1 2008 March 3 2007 Revenu...View the full answer
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Related Book For 
Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1439080603
12th Edition
Authors: Charles H Gibson
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