Question
I require a 4 page Essay on Best-buy which should include. A competitor analysis and comparison to industry averages should be presented. Reference and sources
I require a 4 page Essay on Best-buy which should include. A competitor analysis and comparison to industry averages should be presented. Reference and sources must be cited has to be original and must pass Turnitin!
Prepare a paper (4 pages) that analyzes the financial strengths and weaknesses of the company examined (Best-Buy) is the company. Best buys financial statement is below , however you can look up additional data yourself as well.
| ANNUAL FINANCIALS FOR BEST BUY CO. INC. | |||||
| Consolidated Balance Sheets | |||||
| Fiscal year is Feb.-Jan. (USD in millions | |||||
| except for per share data) | 2011 | 2012 | 2013 | 2014 | 2015 |
| Assets | |||||
| Cash and cash equivalents | $1,103 | $1,199 | $1,826 | $2,678 | $2,432 |
| Short-term investments | 22 | 0 | 0 | 223 | 1,456 |
| Receivables | 2,348 | 2,288 | 2,704 | 1,308 | 1,280 |
| Merchandise inventories | 5,897 | 5,731 | 6,571 | 5,376 | 5,174 |
| Other current assets | 1,103 | 1,079 | 946 | 900 | 703 |
| Current assets held for sale | 0 | 0 | 0 | 0 | 684 |
| Total current assets | $10,473 | $10,297 | $12,047 | $10,485 | $11,729 |
| Property and Equipment | |||||
| Land and buildings | 766 | 775 | 756 | 758 | 611 |
| Leasehold improvements | 2,318 | 2,367 | 2,386 | 2,182 | 2,201 |
| Fixtures and equipment | 4,701 | 4,981 | 5,120 | 4,515 | 4,729 |
| Property under capital lease | 120 | 129 | 113 | 120 | 119 |
| 7,905 | 8,252 | 8375 | 7575 | 7660 | |
| Less accumulated depreciation | 4,082 | 4,781 | 5,105 | 4,977 | 5,365 |
| Net property and equipment | 3,823 | 3,471 | 3,270 | 2,598 | 2,295 |
| Goodwill | 2,454 | 1,335 | 528 | 425 | 425 |
| Tradenames, Net | 133 | 130 | 0 | 0 | 0 |
| Customer Relationships, Net | 203 | 229 | 0 | 0 | 0 |
| Intangibles, Net | 0 | 334 | 101 | 57 | |
| Equity and Other Investments | 328 | 140 | 0 | 0 | 0 |
| Other Assets | 435 | 403 | 608 | 404 | 583 |
| Non-current assets held for sale | 0 | 0 | 0 | 0 | 167 |
| Total Assets | $17,849 | $16,005 | $16,787 | $14,013 | $15,256 |
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Accounting Information Systems
Authors: Robert Hurt
2nd Edition
78111056, 978-0078111051
