Refer to the financial statements of Best Buy in Appendix A to answer the following:

Required

1. In what income statement account(s) does Best Buy report its payroll and benefit costs?

2. Does Best Buy sponsor any retirement savings plans? (See footnote 8 on page A-17 of Appendix A.)

If so, what dollar amounts did Best Buy contribute to these plans during 2005? What amounts did Best Buy’s employees contribute to these plans in 2005?

Fast Forward

3. Access Best Buy’s financial statements for fiscal years ending after February 26, 2005, at its Website (www.BestBuy.com) or the SEC’s EDGAR database (www.sec.gov). What dollar amounts did Best Buy and its employees contribute to retirement savings plans for years ending after February 26, 2005?

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Appendix A Financial Statement Information A-17 $ in millions, except per share mounts The future minimum lease payments under our capital, financing and operating leases by Riscal year (not including contingent rentals) as of February 26, 2005, are as follows: Fiscal Year 2006 2007 2008 2009 2010 Tharuher Subtotal Capital Leases Financing Leases Operating Laces $ 6 $16 $ 541 2 15 541 2. 15 524 2 14 511 2 14 486 1 79 3,247 15 153 $5,850 121 (46) $13 $107 Les imputed interest Present value of lease obligations 8. Benefit Plans We sponsor refinement savings plans for employees meeting certain age and service requirements. The plans provide for company matching contributions, which are subject to annual approval by our Board. The total matching contributions were $14, $13 and $13 in facol 2005, 2004 and 2003, respectively 9. Income Taxes Income tax expense was comprised of the following for the past three fiscal years: Current 2005 2004 2003 $502 $456 $375 10. Segments We operate two reportable segments: Domestic and International. The Domestic segment is comprised of U.S. Best Buy and Magnolia Audio Video operations. The International segment is comprised of Future Shop and Best Buy operations in Conado. Our segments are evaluated on an operating income basis, and a stand- alone tax provision is not calculated for each segment The following table presents our business segment information for continuing operations 2005 $24,616 2,817 Revenue Domestic Federal International State Foreign 36 49 331 5 51 Tekal revenue $27433 3 Operating Income 537 510 429 Domestic $1,393 Deferred Federal International 49 (4) 19 (22) Total operating income 1,442 Stane (20) 11) 13) Net interest income (expense) 1 Foreign (4) 14) (12) Income tax expense 128) 14) 1371 $509 $496 $392 Deferred taxes are the result of differences between the boses of assets and liabilities for financial reporting and income tax purposes. Earnings from continuing operations before income to expense Assets Domestic International Total $1,443 $ 8,372 1,922 $10.294