Question 1 Not complete Mark 0.92 out of 1.00 Rag question Presenting an Income Statement and Computing Key Ratios Best Buy Co., Inc., reported the following amounts in its February 3, 2018, and January 28, 2017, financial statements. (5 millions) Sales revenue Cost of sales Net income (loss) Total assets Stockholders equity Required 2018 2017 $42,151 $39,403 32,275 29,963 1,000 1,228 13.049 13856 3.612 4.709 a. Prepare an income statement for Best Buy for the year ended February 3, 2018, using the format illustrated in Exhibit 1.8 (found in Chapter 1 of the textbook BEST BUY CO., INC. Income Statement (5 millions) For Year Ended February 3, 2018 Sales revenue 42.151 Cost of sales 32275 Gross profit 9,876 Other operating expenses 8,876 Net income = $ 1.000 b. Calculate Best Buy's return on equity for the year ended February 3, 2018. (Round your answer to one decimal place. Ex: 0.0345-3.5%) 24 c. Compute Best Buy's debt-to-equity ratio as of February 3, 2018. (Round your answer to one decimal place.) 0 x Check You have correctly selected 11.