Analysis and Interpretation of Profitability Balance sheets and income statements for Best Buy Co., Inc. follow. Consolidated Statements of Earnings For Fiscal Years Ended (5 millions) February 27, 2010 February 28, 2009 March 1, 2008 Revenue $ 49,694 $ 45,015 $ 40,023 Cost of goods sold 37.534 34,017 30,477 Restructuring charges - cost of goods sold Gross Profit 12.160 10,998 9.546 Selling general and administrative expenses 9.873 8.984 7,385 Restructuring charges 52 78 Goodwill and tradename impairment 66 Operating income 2.235 1,870 2.161 Other income (expense) Investment income and other 54 35 129 Investment impairment (111) Interest expense (94) (62) Earnings before income tax expense and equity in income of affiliates 2.195 1.700 2.228 Income tax expense 802 674 815 Equity in income of affiliates 1 7 (3) Net earnings including noncontrolling interest 1.394 1.033 1.410 Net Income attributable to noncontrolling interest (77 (30) (3) Net Income attributable to Best Buy Co. Inc. $ 1.317 $1,003 51,407 Consolidated Balance Sheets (5 millions, except footnotes) February 27, 2010 February 28, 2009 Assets Current assets is millions, except footnotes) February 27, 2014 5498 11 Current Cash and cash equivalent Short term investments Receivable Merchandise Other currentes Total current Property and coulment Land and building hold improvements Pictures and equipment Property under capital lane 51.826 90 2000 5.46 1.11 TOS 1.36 4753 1.05 2192 755 757 2.154 2012 4,060 112 95 7453 33383 6134 2756 4174 4.070 2.152 159 279 en Accumulated depreciation Property andment. Good Tradne net Cumerationshine Euty and then Other noncurrent Tot doo Curabili Accounts a redeemed it card abilities crea comenon and depende 2203 17 322 395 36 $15.20 324 518302 52997 55.275 263 28 Accredinom on me Current sorting.com 1.60 31 66 25 1970 12 104 105 Lorem harbor HERRADO 1.104 Concurs 42 CO cats 205 1714 217) 30 6320 other companive com our Cone thasheldarity 6964 $13 513 5156 $ 15.126 Sands Compute ROE and RCA for 2010 Do not round until your final answer. Round your answer to two decimal places. ROE2403 ROA 26 Confirm that ROE equals ROE computed using the component measures for profit margin, asset turnover, and Compute the components of ROE Do not round until your final answer. Round answers to two decimal places. OM ATE - Compute adjusted ROA. Assume tax rate of: 37.04 Hound your answer to the decimal places. used ROA Save Answers Analysis and Interpretation of Profitability Balance sheets and income statements for Best Buy Co., Inc. follow. Consolidated Statements of Earnings For Fiscal Years Ended (5 millions) February 27, 2010 February 28, 2009 March 1, 2008 Revenue $ 49,694 $ 45,015 $ 40,023 Cost of goods sold 37.534 34,017 30,477 Restructuring charges - cost of goods sold Gross Profit 12.160 10,998 9.546 Selling general and administrative expenses 9.873 8.984 7,385 Restructuring charges 52 78 Goodwill and tradename impairment 66 Operating income 2.235 1,870 2.161 Other income (expense) Investment income and other 54 35 129 Investment impairment (111) Interest expense (94) (62) Earnings before income tax expense and equity in income of affiliates 2.195 1.700 2.228 Income tax expense 802 674 815 Equity in income of affiliates 1 7 (3) Net earnings including noncontrolling interest 1.394 1.033 1.410 Net Income attributable to noncontrolling interest (77 (30) (3) Net Income attributable to Best Buy Co. Inc. $ 1.317 $1,003 51,407 Consolidated Balance Sheets (5 millions, except footnotes) February 27, 2010 February 28, 2009 Assets Current assets is millions, except footnotes) February 27, 2014 5498 11 Current Cash and cash equivalent Short term investments Receivable Merchandise Other currentes Total current Property and coulment Land and building hold improvements Pictures and equipment Property under capital lane 51.826 90 2000 5.46 1.11 TOS 1.36 4753 1.05 2192 755 757 2.154 2012 4,060 112 95 7453 33383 6134 2756 4174 4.070 2.152 159 279 en Accumulated depreciation Property andment. Good Tradne net Cumerationshine Euty and then Other noncurrent Tot doo Curabili Accounts a redeemed it card abilities crea comenon and depende 2203 17 322 395 36 $15.20 324 518302 52997 55.275 263 28 Accredinom on me Current sorting.com 1.60 31 66 25 1970 12 104 105 Lorem harbor HERRADO 1.104 Concurs 42 CO cats 205 1714 217) 30 6320 other companive com our Cone thasheldarity 6964 $13 513 5156 $ 15.126 Sands Compute ROE and RCA for 2010 Do not round until your final answer. Round your answer to two decimal places. ROE2403 ROA 26 Confirm that ROE equals ROE computed using the component measures for profit margin, asset turnover, and Compute the components of ROE Do not round until your final answer. Round answers to two decimal places. OM ATE - Compute adjusted ROA. Assume tax rate of: 37.04 Hound your answer to the decimal places. used ROA Save Answers