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Answer Question A. Best Buy Co., Inc. (continued) P 5-2 Best Buy Co., Inc.'s consolidated statements of earnings from its 2011 annual report are presented
Answer Question A.
Best Buy Co., Inc. (continued) P 5-2 Best Buy Co., Inc.'s consolidated statements of earnings from its 2011 annual report are presented in Exhibit 5-3. Required a. Using the statement of earnings, prepare a vertical common-size analysis for 2011, 2010 , and 2009. Use revenue as a base. b. Using the statement of earnings, prepare a horizontal common-size analysis for 2011, 2010 , and 2009. Use 2009 as the base. c. Comment on significant trends that appear in (a) and (b)Step by Step Solution
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