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Complete the calculated ratios (yellow) using the balance and income sheets. Best Buy Co Inc. (Richfield, MN): Calculated Ratios (10-K SEC Filing) Topic 2020 2019
Complete the calculated ratios (yellow) using the balance and income sheets.
Best Buy Co Inc. (Richfield, MN): Calculated Ratios (10-K SEC Filing) Topic 2020 2019 Current Ratio 1.1 1.18 Working Capital $797 $1,357 Inventory Turnover Ratio Accounts Receivable Turnover Ratio Debt to Total Assets Ratio 0.56 0.64 Return on Assets Asset Turnover Ratio Return on Equity Gross Profit Ratio Profit Margin Ratio Feb. 01, 2020 Feb. 02, 2019 $ 2,229 1,149 5,174 305 8,857 $ 1,980 1,015 5,409 466 8,870 650 637 2,203 6,286 2,119 5,865 579 89 9,228 6,900 2,328 2,709 984 9,200 6,690 2,510 915 713 606 15,591 12,901 Consolidated Balance Sheets - USD ($) $ in Millions Current assets Cash and cash equivalents Receivables, net Merchandise inventories Other current assets Total current assets Property and equipment Land and buildings Leasehold improvements Fixtures and equipment Property under capital and financing leases Property under finance leases Gross property and equipment Less accumulated depreciation Net property and equipment Operating lease assets Goodwill Other assets Total assets Current liabilities Accounts payable Unredeemed gift card liabilities Deferred revenue Accrued compensation and related expenses Accrued liabilities Current portion of operating lease liabilities Current portion of long-term debt Total current liabilities Long-term operating lease liabilities Long-term liabilities Long-term debt Contingencies and commitments (Note 13) Equity Preferred stock, $1.00 par value: Authorized - 400,000 shares; Issued and outstanding - none Common stock, $0.10 par value: Authorized 1.0 billion shares; Issued and outstanding 256,494,000 and 265,703,000 shares, respectively Additional paid-in capital Retained earnings Accumulated other comprehensive income Total equity Total liabilities and equity 5,288 281 501 5,257 290 446 410 482 982 906 660 14 56 7,513 8,060 2,138 657 1,257 750 1,332 26 27 3,158 295 3,479 $ 15,591 2,985 294 3,306 $ 12,901 12 Months Ended Feb. 01, 2020 Feb. 02, 2019 $ 42,879 32,918 9,961 $ 43,638 33,590 10,048 7,998 41 2,009 8,015 46 1,900 1 12 Consolidated Statements of Earnings - USD ($) shares in Millions, $ in Millions Consolidated Statements of Earnings [Abstract] Revenue Cost of sales Gross profit Selling, general and administrative expenses Restructuring charges Operating income Other income (expense): Gain on sale of investments Investment income and other Interest expense Earnings from continuing operations before income tax expense Income tax expense Net earnings from continuing operations Gain from discontinued operations, net of $0 tax expense Net earnings Basic earnings per share Diluted earnings per share Weighted average common shares outstanding Basic Diluted 47 (64) 1,993 452 1,541 49 (73) 1,888 424 1,464 $ 1,541 $5.82 [1] $5.75 [1] $ 1,464 $5.30 [1] $5.20 [1] 264.9 268.1 276.4 281.4 The sum of our quarterly diluted earnings per share does not equal our annual diluted earnings per share due to difStep by Step Solution
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