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Best Buy Company, Incorporated, is a leading retailer specializing in consumer electronics. A condensed income statement and balance sheet for the fiscal year ended
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. Current assets: Best Buy Company, Incorporated Balance Sheet At February 1, 2020 ($ in millions) Assets: Cash and cash equivalents Accounts receivable (net) Inventory Other current assets Total current assets Long-term assets Total assets 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 tatement $ 2,229 1,149 5,174 305 8,857 6,734 $ 15,591 $ 5,288 2,772 8,060 4,052 3,479 $ 15,591
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