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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

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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 February 1, 2020, are shown below. Current assets: 04:03:50 kipped Print eferences Best Buy Company, Incorporated Balance Sheet At February 1, 2020 (s 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 Income Statement For the Year Ended February 1, 2020 $ 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 (s in millions) Revenues Costs and expenses. Operating incone Other income (expense) Income before income taxes Income tax expense Net income "Includes $64 of interest expense. $43,638 41,629 2,009 (16) 1,993 452 $1,541

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