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PROBLEM 14.7A Basic Ratio Analysis LO14-4, LO14-5, LO14-7 Page 680 Best Buy is a leading provider of technology products, services, and solutions. The following
PROBLEM 14.7A Basic Ratio Analysis LO14-4, LO14-5, LO14-7 Page 680 Best Buy is a leading provider of technology products, services, and solutions. The following selected information is adapted from the company's January 28, 2017, annual report. (Dollar amounts are stated in millions.) Total current assets Total current liabilities Total assets Total stockholders' equity Operating income Net income The company has long-term liabilities that bear interest at annual rates ranging from 6 percent to 8 percent. Beginning End of the Year of the Year $ 9,886 $ 10,516 7,122 6,925 13,519 13,856 4,378 4,709 1,854 1,228
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