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1 Please complete the Beyond the Numbers as follows: 3 1) During a recent fiscal year, Best Buy (BestBuy.com) sold off its interest in Musicland

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1 Please complete the Beyond the Numbers as follows: 3 1) During a recent fiscal year, Best Buy (BestBuy.com) sold off its interest in Musicland Information about operations for Best Buy and Musicland for the fiscal year before the sale of Musicland follows. $ Millions Best Buy Musicland Total Revenues $20,943 $ 1,727 $22,670 Operating Expenses $20,321 $ 1,971 $22,292 Required 12 a. Compute operating income for Best Buy and Musicland, separately, and the total operating 13 income for both 14 b.lf the results in part 1 for Musicland are typical, why do you believe Best Buy decided to sell off its interest in Musicland? 19 2) 20 Assume that you work for Colliers Hardware Store and your manager requests that you outline the pros and cons of discontinuing its appliance department. That department appears to be generating losses, and your manager believes that discontinuing it will 21 22 1 2 3 5 4 6 7 8 9 DQ QSEX PR BYN in-class DE LHI Assume that you work for Colliers Hardware Store and your manager requests that you outline the pros and cons of discontinuing its appliance department. That department appears to be generating losses, and your manager believes that discontinuing it will Required Prepare a one paragraph memorandum to your manager outlining what Colliers management should consider when trying to decide whether to discontinue its appliance department. 5 4 7 8 9 DQ QS EX PR BYN In-class

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