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You are given comparative income statements and balance sheets for Best Buy (in millions). Based on the given forecasting assumptions, prepare forecasted income statement, balance

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You are given comparative income statements and balance sheets for Best Buy (in millions). Based on the given forecasting assumptions, prepare forecasted income statement, balance sheet, and eash flow statement for year 3 . (Show your calculation like A/B=C or (A+B)C=D ete. in given cells). a. PROJECTED INCOME STATEMENT (30 points) c. CASH FLOW STATEMENT PREPARATION (10 points) Based on your forecasted balance sheet and income statement, in order to be able to prepare forecasted cash flow statement in the next step, for relevant accounts, calculate changes from Year 2 to Year 3 , state whether those changes are cash inflow or outflow, and categorize them as operating. financing or investing activities (write your answers in the corresponding cells for relevant accounts). . PROJECTED CASH FLOW STATEMENT (20 points) Prepare the projected cash flow statement of Best Buy Company for Year 3. (write your answers in the corresponding cells) (there are more cells than you need). are cash intlow or outtow, and categorme them as operating. financing or investing activities (write your answers in the correspondine cells for relevant accounts). d. PROJECTED CASH FLOW STATEMENT (20 points) Prepare the projected cash flow statement of Best Buy Company for Year 3. (write your answers in the corresponding cells) (there are more cells than you need). You are given comparative income statements and balance sheets for Best Buy (in millions). Based on the given forecasting assumptions, prepare forecasted income statement, balance sheet, and eash flow statement for year 3 . (Show your calculation like A/B=C or (A+B)C=D ete. in given cells). a. PROJECTED INCOME STATEMENT (30 points) c. CASH FLOW STATEMENT PREPARATION (10 points) Based on your forecasted balance sheet and income statement, in order to be able to prepare forecasted cash flow statement in the next step, for relevant accounts, calculate changes from Year 2 to Year 3 , state whether those changes are cash inflow or outflow, and categorize them as operating. financing or investing activities (write your answers in the corresponding cells for relevant accounts). . PROJECTED CASH FLOW STATEMENT (20 points) Prepare the projected cash flow statement of Best Buy Company for Year 3. (write your answers in the corresponding cells) (there are more cells than you need). are cash intlow or outtow, and categorme them as operating. financing or investing activities (write your answers in the correspondine cells for relevant accounts). d. PROJECTED CASH FLOW STATEMENT (20 points) Prepare the projected cash flow statement of Best Buy Company for Year 3. (write your answers in the corresponding cells) (there are more cells than you need)

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