Best Buy Co., Inc. s consolidated balance sheets from its 2011 annual report are presented in Exhibit

Question:

Best Buy Co., Inc.’ s consolidated balance sheets from its 2011 annual report are presented in Exhibit 5- 3.

Required
a. Using the balance sheets, prepare a vertical common- size analysis for 2011 and 2010. Use total assets as a base.
b. Using the balance sheets, prepare a horizontal common- size analysis for 2011 and 2010. Use 2010 as the base.
c. Comment on significant trends that appear in (a) and (b).