TIF 6-3 for Best Buy Co Inc. (BBY) 1. Based on the following information in the companies most recent annual report, determine each of the following: a. What types of items are included in Best Buy's inventory? b. What inventory costing method or methods does Best Buy use to determine the inventory amount reported on its balance sheet? c. How much inventory does Best Buy have at the end of the most recent year? d. What percentage of total current assets is inventory during the two years presented? Has this percentage increased, decreased, or remained the same during this period? e. How much cost of goods sold does Best Buy report for the most recent year? 2. Using the information presented in the annual report, calculate Best Buy's inventory turnover for the current and previous years. BAsed on this information, has Best Buy's performance improved? Briefly explain your