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Exerclse 3 - 1 7 ( Statlc ) Calculating ratlos; Best Buy [ LO 3 - 8 ] Best Buy Company, Incorporated, is a leading

Exerclse 3-17(Statlc) Calculating ratlos; Best Buy [LO3-8]
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.
Includes $64 of interest expense.
Requlred:
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 all requlrements, round your onswers to 2 decimal ploces.
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