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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

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: Cash and cash equivalents Total current assets Long-term assets Total assets Best Buy Company, Incorporated Balance Sheet Accounts receivable (net) Inventory Other current assets At February 1, 2020 ($ in millions) Assets Liabilities and Shareholders' Equity Current liabilities: Accounts payable Other current liabilities Long-term liabilities Shareholders' equity Total current liabilities Revenues Costs and expenses Operating income Total liabilities and shareholders' equity Not Income tax expense incomo Best Buy Company, Incorporated Income Statement For the Year Ended February 1, 2020 ($ in millions) Other income (expense)* Income before income taxes $ 43,638 41,629 2,009 (16) 1,993 452 15/1 $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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Best Buy Company, Incorporated, is a leading retaller specializing in consumer electronics. A condensed income statement and balance sheet for the fiscal year ended February 1, 2020, are shown below. Includes $64 of interest expense. Required: 1-0. 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 earned ratio for Best Buy for its fiscal year ended February 1, 2020. Note: For oll requirements, round your answers to 2 decimal places

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