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need help with all requirements Bargain Deal, Inc., is a leading retailer specializing in consumer electronics. A condensed Income statement and balance sheet for the
need help with all requirements
Bargain Deal, Inc., is a leading retailer specializing in consumer electronics. A condensed Income statement and balance sheet for the fiscal year ended January 28, 2017, are shown below. Bargain Deal, Inc. Balance Sheet At January 28, 2017 (s in millions) Assets Current assets: Cash and cash equivalents Short-term investments Accounts receivable (net) Inventory Other current assets Total current assets Long-term assets Total assets Liabilities and Shareholders' Equity Current liabilities: Accounts payable Other current liabilities Total current liabilities Long-term liabilities Shareholders' equity Total liabilities and shareholders' equity $ 1,986 1, 306 1,167 5,052 394 9,905 3,638 $13,543 $ 4,500 2,575 7,075 2,218 4,250 $13,543 Bargain Deal, Inc. Income Statement For the Year Ended January 28, 2017 (5 in millions) Revenues $39,533 Costs and expenses 38,154 Operating income 1,379 Other income (expense) (66) Income before income taxes 1,313 Income tax expense 518 Net income $ 795 "Includes $89 of interest expense Required: 1-0. Calculate the current ratio for Bargain Deal for its fiscal year ended January 28, 2017 1-b. Calculate the acid-test ratio for Bargain Deal for its fiscal year ended January 28, 2017 1-c. Calculate the debt to equity ratio for Bargain Deal for its fiscal year ended January 28, 2017 1-d. Calculate the times interest earned ratio for Bargain Deal for its fiscal year ended January 78 2017
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