Best Buy Company, Incorporated, is a leading retailer specializing in consumer electronics. A condensed income statement and balance sheet for the fiscal year ended February 1, 2020, are shown below. Best Buy Company, Incorporated Balance Sheet At February 1, 2020 ($ in millions) Current assets: Assets Cash and cash equivalents Accounts receivable (net) Inventory Other current assets Total current assets Long-term assets Total assets $ 2,229 1,149 5,174 305 8,857 6,734 $ 15,591 Liabilities and Shareholders' Equity Current liabilities: Accounts payable Other current liabilities Total current liabilities Long-term liabilities Shareholders' equity Total liabilities and shareholders' equity Best Buy Company, Incorporated Income Statement For the Year Ended February 1, 2020 ($ in millions) $ Revenues 43,638 Costs and expenses 41,629 Operating income 2,009 Other income (expense)* (16) Income before income taxes 1,993 Income tax expense 452 Net income $ 1,541 $ 5,288 2,772 8,060 4,052 3,479 $ 15,591 "Includes $64 of interest expense. Required: 1-a. Calculate the current ratio for Best Buy for its fiscal year ended February 1, 2020. 1-b. Calculate the acid-test ratio for Best Buy for its fiscal year ended February 1, 2020. 1-c. Calculate the debt to equity ratio for Best Buy for its fiscal year ended February 1, 2020. 1-d. Calculate the times interest eamed ratio for Best Buy for its fiscal year ended February 1, 2020. Note: For all requirements, round your answers to 2 decimal places. 1-a. Current ratio 1.10 1-b. Acid-test ratio 0.34 1-c. Debt to equity ratio 3.67 1-d. Times interesti 31.45 times earned ratio