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Best Buy Co, Inc., is a leading retailer specializing in consumer electronics. A condensed income statement and balance sheet for the fiscal year ended January

Best Buy Co, Inc., is a leading retailer specializing in consumer electronics. A condensed income statement and balance sheet for the fiscal year ended January 28, 2017, are shown below.

Best Buy Co, Inc. Balance Sheet At January 28, 2017 ($ in millions)
Assets
Current assets:
Cash and cash equivalents $ 2,240
Short-term investments 1,681
Accounts receivable (net) 1,347
Inventory 4,864
Other current assets 384
Total current assets 10,516
Long-term assets 3,340
Total assets $ 13,856
Liabilities and Shareholders Equity
Current liabilities:
Accounts payable $ 4,984
Other current liabilities 2,138
Total current liabilities 7,122
Long-term liabilities 2,025
Shareholders equity 4,709
Total liabilities and shareholders equity $ 13,856

Best Buy Co, Inc. Income Statement For the Year Ended January 28, 2017 ($ in millions)
Revenues $ 39,403
Costs and expenses 37,549
Operating income 1,854
Other income (expense)* (38 )
Income before income taxes 1,816
Income tax expense 609
Net income $ 1,207

*Includes $72 of interest expense. Required: 1-a. Calculate the current ratio for Best Buy for its fiscal year ended January 28, 2017. 1-b. Calculate the acid-test ratio for Best Buy for its fiscal year ended January 28, 2017. 1-c. Calculate the debt to equity ratio for Best Buy for its fiscal year ended January 28, 2017. 1-d. Calculate the times interest earned ratio for Best Buy for its fiscal year ended January 28, 2017. (For all requirements, round your answers to 2 decimal places.)

1-a. Current ratio

1-b. Acid-test ratio

1-c. Debt to equity ratio

1-d Times interest earned ratio

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