Chapter 1 Introducing Financial Accou PI44. Presenting an Income Statement and Computing Key Ratios LO3, 5 Best Buy Co, Inc., reported the following amounts in its February 1, 2014, and February 2, 2013, a financial statements. Be NY ! ($ millions) 2014 2013 $39,827 30,528 Sales revenue....... Cost of sales........... .. . . . , , , , , , , , , , , . .. .. .. .. .. .. .. . Net income (loss) ...................................... Total assets ........................... Stockholders' equity .................................... $42,410 32,720 523 14,013 3,989 (420) 16,787 3,715 REQUIRED a. Prepare an income statement for Best Buy for the year ended February 1, 2014, using the format illustrated in Exhibit 1.8. b. Calculate Best Buy's return on equity for the year ended February 1, 2014 C. Compute Best Buy's debt-to-equity ratio as of February 1, 2014