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Hi, please answer Questions A and B in the attached file. Please let me know if you have any questions. FinancialtStatementtAnalysis Homework # 4 (Chapter
Hi, please answer Questions A and B in the attached file. Please let me know if you have any questions.
Financial\tStatement\tAnalysis Homework # 4 (Chapter 9) Comparative income statements and balance sheets for Best Buy are shown below ($ millions). Financial\tStatement\tAnalysis NOTE: There is a scheuduled amount of $ 114 to be paid in year 3 as a current maturity of long term debt Requirement: A. Use the following ratios to prepare a projected income statement, balance sheet, and statement of cash flows for Year 3. B. Based on your initial projections, how much external financing (long term debt and/or equity) will Best Buy need to fund its growth at projected increase in salesStep by Step Solution
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