Question
Refer to the 2028 Notes in the long-term debt footnote. 25. Calculate the interest expense on this note for fiscal year 2025 . 26. Calculate
Refer to the 2028 Notes in the long-term debt footnote.
25. Calculate the interest expense on this note for fiscal year 2025.
26. Calculate the total amount of cash payment at maturity date.
27.What is the amount of additions to property and equipment account during fiscal year 2020 (Please note that some PPE is not paid with cash)?
28. Best Buy has disposed of some property and equipment during fiscal year 2020. Assume that there has been no impairment over the year. What is the original acquisition cost of the property and equipment disposed of during the fiscal year 2020?
29 What is the accumulated depreciation of the disposed property, plant and equipment in fiscal year 2020?
30. What is the gain/loss from disposal of property, plant and equipment in fiscal year 2020 if the sale price of the disposed assets is $200 (millions)?
31. If the Company recognized $100 (millions) more depreciation expense than currently recorded, how would the cash flows from operations change?
32 What is the par value of each common share?
33. What is the number of retired common shares during fiscal year 2020?
34. What is the average price per share it costed Best Buy repurchase and retire common shares during fiscal year 2020 (Please note that some stock retirements are not paid with cash)?
35. What is the revenue recognized from gift cards during fiscal year 2020 if Best Buy collected $50 (millions) in fiscal year 2020 from new gift card sales?
Full Chart on link below.
https://www.chegg.com/homework-help/questions-and-answers/please-consider-excerpts-best-buy-annual-report-pdf-fiscal-year-2020-e-fiscal-year-ended-f-q69866108
February 2, 2019 42.879 32,918 9,961 8,015 46 1,900 February 3, 2018 42,151 32,275 9,876 8,023 10 1,843 Consolidated Statements of Earnings S and shares in millions, except per share amounts February 1, Fiscal Years Ended 2020 Revenue 43,638 Cost of sales 33,590 Gross profit 10,048 Selling, general and administrative expenses 7,998 Restructuring charges 41 Operating income 2,009 Other income (expense): Gain on sale of investments 1 Investment income and other 47 Interest expense (64) Earnings from continuing operations before income tax expense 1,993 Income tax expense 452 Net earnings from continuing operations 1,541 Gain from discontinued operations, net of $0 tax expense Net earnings $ 1,541 Basic earnings per share 5.82 Diluted earnings per share $ 5.75 Weighted-average common shares outstanding Basic 264.9 Diluted 268.1 12 49 (73) 1 48 (75) 1,888 424 1,464 1,817 818 999 1 1,000 1,464 $ $ 5.30 5.20 3.33 3.26 S $ 276.4 281.4 300.4 307.1 1 February 2, 2019 42.879 32,918 9,961 8,015 46 1,900 February 3, 2018 42,151 32,275 9,876 8,023 10 1,843 Consolidated Statements of Earnings S and shares in millions, except per share amounts February 1, Fiscal Years Ended 2020 Revenue 43,638 Cost of sales 33,590 Gross profit 10,048 Selling, general and administrative expenses 7,998 Restructuring charges 41 Operating income 2,009 Other income (expense): Gain on sale of investments 1 Investment income and other 47 Interest expense (64) Earnings from continuing operations before income tax expense 1,993 Income tax expense 452 Net earnings from continuing operations 1,541 Gain from discontinued operations, net of $0 tax expense Net earnings $ 1,541 Basic earnings per share 5.82 Diluted earnings per share $ 5.75 Weighted-average common shares outstanding Basic 264.9 Diluted 268.1 12 49 (73) 1 48 (75) 1,888 424 1,464 1,817 818 999 1 1,000 1,464 $ $ 5.30 5.20 3.33 3.26 S $ 276.4 281.4 300.4 307.1 1Step by Step Solution
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