Question: Using a spreadsheet, prepare the following for the most recent two years of Best Buy Co., Inc. (years 2019 & 2018) located here: http://investors.bestbuy.com/investor-relations/financial-info/annual-reports-and-proxy-statements/default.aspx -Comparative

Using a spreadsheet, prepare the following for the most recent two years of Best Buy Co., Inc. (years 2019 & 2018) located here: http://investors.bestbuy.com/investor-relations/financial-info/annual-reports-and-proxy-statements/default.aspx

-Comparative Income Statement- Vertical Analysis

-Comparative Balance Sheet- Horizontal Analysis

Best Buy Co., Inc. (Ticker: BBY): Vertical Analysis- Income Statement

2019 2018

Income Statement

Amount

Percent

Amount

Percent

Net sales

Cost of sales

Selling, general, & admin exp

Depreciation & amortization

Litigation, Impairment & other charges

Net interest exp

Other income

Income before income tax

Income tax ezp

Net income

Best Buy Co., Inc. (Ticker: BBY): Horizontal Analysis- Balance Sheet

Balance Sheet

2019

2018

Change

Change

ASSETS

Amount

Amount

Amount

Percent

Current Assets

Cash & Cash Equivalents

Merchandise Inventories

Other Current Assets

Total Current Assets

Property & Equipment, Net

Deferred Taxes

Goodwill

Other Intangible Assets, Net

Other Assets

TOTAL ASSETS

LIABILITIES & SHAREHOLDERS EQUITY

Current Liabilities

Accounts payable

Accrued and other liabilities

Current portion of capital lease obligations

Total Current Liabilities

Long-Term Debt Obligations Under Capital Leases

Other Liabilities

Total Liabilities

Shareholders Equity

TOTAL LIABILITIES AND SHAREHOLDERS EQUITY

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