Best Buy Co, Inc., is a leading retailer specializing in consumer electronics. A condensed income statement and balance sheet for the fiscal year ended February 1, 2014, are shown below.

Best Buy Co., Inc. Balance Sheet At February 1, 2014 ($ in millions)
Assets
Current assets:
Cash and cash equivalents	$	2,748
Short-term investments		230
Accounts receivable, net		1,343
Merchandise inventories		5,383
Other current assets		914
Total current assets		10,618
Noncurrent assets		3,563
Total assets	$	14,181
Liabilities and shareholders' equity
Current liabilities:
Accounts payable	$	5,472
Other current liabilities		3,014
Total current liabilities		8,486
Long-term liabilities		2,602
Shareholders equity		3,093
Total liabilities and shareholders' equity	$	14,181

Best Buy Co., Inc. Income Statement For the Year Ended February 1, 2014 ($ in millions)
Revenues	$	42,445
Costs and expenses		41,277
Operating income		1,168
Other income (expense)*		(60	)
Income before income taxes		1,108
Income tax expense		503
Net income	$	605

*Includes $163 of interest expense.

Liquidity and financing ratios for the industry are as follows:

Industry Average

Current ratio

1.30

Acid-test ratio

0.67

Debt to equity

0.77

Times interest earned

6.41

times

1-a.

Calculate the current ratio for Best Buy for its fiscal year ended February, 1, 2014. (Round your answer to 2 decimal places.)

1-b.

Calculate the acid-test ratio for Best Buy for its fiscal year ended February, 1, 2014. (Round your answer to 2 decimal places.)

1-c.	Calculate the debt to equity ratio for Best Buy for its fiscal year ended February, 1, 2014. (Round your answer to 2 decimal places.)
	1-d. Calculate the times interest earned ratio for Best Buy for its fiscal year ended February, 1, 2014. (Round your answer to 1 decimal place.)