Provide the Pro Forma financial statements (Balance Sheet and Income Statement) for the next two fiscal years, assuming a 10% growth rate in sales and Cost of Goods Sold (COGS) for each of the next two years. (Best Buy 2019 Annual Statement). This has been asked before by someone, Unsure why it is unclear

Consolidated Statements of Earnings S and shares in milions, except per share amounts February 2, 2019 S 42.879 32,918 9,961 8,015 46 1,900 February 3, 2018 S 42.151 32,275 9,876 8,023 10 1,843 January 28, 2017 $ 39,403 29,963 9,440 7.547 39 1,854 Fiscal Years Ended Revenue Cost of goods sold Gross profit Selling, general and administrative expenses Restructuring charges Operating income Other income (expense): Gain on sale of investments Investment income and other Interest expense Earnings from continuing operations before income tax expense Income tax expense Net earnings from continuing operations Gain from discontinued operations (Note 3), net of tax expense of $0.50 and $7, respectively Net earnings 12 49 (73) 1,888 424 1,464 1 48 (75) 1,817 818 999 3 31 (72) 1.816 609 1,207 21 1,228 1 1,000 $ 1,464 $ $ S 5.30 $ 3.33 $ Basic eamings per share Continuing operations Discontinued operations Basic earnings per share 3.79 0.07 S 5.30 S 3.33 $ 3.86 S 5.20 S 3.26 $ Diluted earnings per share Continuing operations Discontinued operations Diluted eamings per share 3.74 0.07 3.81 $ 5.20 3.26 Weighted average common shares outstanding Basic Diluted 276.4 281.4 300.4 307.1 318.5 322.6 See Notes to Consolidated Financial Statements. 51 Consolidated Balance Sheets Sin millions, except per share and share amounts February 2, 2019 February 3, 2018 1,980 $ 1,015 5.409 466 8.870 1,101 2,032 1,049 5,209 438 9,829 Assets Current assets Cash and cash equivalents Short-term investments Receivables, net Merchandise inventories Other current assets Total current assets Property and equipment Land and buildings Leasehold improvements Fixtures and equipment Property under capital and financing leases Gross property and equipment Less accumulated depreciation Net property and equipment Goodwill Other assets Total assets 637 2,119 5.865 579 9,200 6,690 2,510 915 606 623 2,327 5,410 340 8,700 6,279 2.421 425 374 12,901 $ 13.049 $ 5,257 290 446 482 982 4,873 385 453 561 1,001 544 7,817 809 811 56 7,513 750 1,332 Liabilities and equity Current liabilities Accounts payable Unredeemed gift card liabilities Deferred revenue Accrued compensation and related expenses Accrued liabilities Current portion of long-term debt Total current liabilities Long-term liabilities Long-term debt Contingencies and commitments (Note 13) Equity Best Buy Co., Inc. Shareholders' Equity Preferred stock. $1.00 par value: Authorized 400.000 shares; Issued and outstanding none Common stock, SO.10 par value: Authorized 1.0 billion shares, Issued and outstanding 265,703,000 and 282,988,000 shares, respectively Additional paid-in capital Retained earnings Accumulated other comprehensive income Total equity Total liabilities and equity - 27 28 2.985 294 3,306 3.270 314 3.612 13,049 $ 12.901 $ See Notes to Consolidated Financial Statements. Consolidated Statements of Earnings S and shares in milions, except per share amounts February 2, 2019 S 42.879 32,918 9,961 8,015 46 1,900 February 3, 2018 S 42.151 32,275 9,876 8,023 10 1,843 January 28, 2017 $ 39,403 29,963 9,440 7.547 39 1,854 Fiscal Years Ended Revenue Cost of goods sold Gross profit Selling, general and administrative expenses Restructuring charges Operating income Other income (expense): Gain on sale of investments Investment income and other Interest expense Earnings from continuing operations before income tax expense Income tax expense Net earnings from continuing operations Gain from discontinued operations (Note 3), net of tax expense of $0.50 and $7, respectively Net earnings 12 49 (73) 1,888 424 1,464 1 48 (75) 1,817 818 999 3 31 (72) 1.816 609 1,207 21 1,228 1 1,000 $ 1,464 $ $ S 5.30 $ 3.33 $ Basic eamings per share Continuing operations Discontinued operations Basic earnings per share 3.79 0.07 S 5.30 S 3.33 $ 3.86 S 5.20 S 3.26 $ Diluted earnings per share Continuing operations Discontinued operations Diluted eamings per share 3.74 0.07 3.81 $ 5.20 3.26 Weighted average common shares outstanding Basic Diluted 276.4 281.4 300.4 307.1 318.5 322.6 See Notes to Consolidated Financial Statements. 51 Consolidated Balance Sheets Sin millions, except per share and share amounts February 2, 2019 February 3, 2018 1,980 $ 1,015 5.409 466 8.870 1,101 2,032 1,049 5,209 438 9,829 Assets Current assets Cash and cash equivalents Short-term investments Receivables, net Merchandise inventories Other current assets Total current assets Property and equipment Land and buildings Leasehold improvements Fixtures and equipment Property under capital and financing leases Gross property and equipment Less accumulated depreciation Net property and equipment Goodwill Other assets Total assets 637 2,119 5.865 579 9,200 6,690 2,510 915 606 623 2,327 5,410 340 8,700 6,279 2.421 425 374 12,901 $ 13.049 $ 5,257 290 446 482 982 4,873 385 453 561 1,001 544 7,817 809 811 56 7,513 750 1,332 Liabilities and equity Current liabilities Accounts payable Unredeemed gift card liabilities Deferred revenue Accrued compensation and related expenses Accrued liabilities Current portion of long-term debt Total current liabilities Long-term liabilities Long-term debt Contingencies and commitments (Note 13) Equity Best Buy Co., Inc. Shareholders' Equity Preferred stock. $1.00 par value: Authorized 400.000 shares; Issued and outstanding none Common stock, SO.10 par value: Authorized 1.0 billion shares, Issued and outstanding 265,703,000 and 282,988,000 shares, respectively Additional paid-in capital Retained earnings Accumulated other comprehensive income Total equity Total liabilities and equity - 27 28 2.985 294 3,306 3.270 314 3.612 13,049 $ 12.901 $ See Notes to Consolidated Financial Statements