Financial Data for Best Buy and Circuit Calculate Common- City (all financial data in millions) Sized Statements Here BALANCE SHEET - FISCAL 2006 Assets Best Buy Circuit City Best Buy Circuit City Cash & Equivalents Receivables Net Inventories 3,732 506 838 226 3,338 1,698 Other Current Assets 409 71 Total Current Assets 1,985 2,833 Property, Plant & Equipment - Net 2,712 839 Other Assets 1,025 299 Total Assets 11,722 3,971 Liabilities Accounts Payable 3,234 1,053 ST Debt & Current Portion Due LT Dbt 418 29 Income Taxes Payable 708 22 76 Other Current Liabilities 1,347 485 Total Current Liabilities Long Term Debt Other Liabilities Total Liabilities 5,702 1,623 178 52 585 341 6,485 2,016 Profitability Asset Productivity Financial Leverage Return on Equity (ROE) Return on Assets (ROA) Gross Profit Margin Operating Profit Margin Current Ratio Cash Ratio Debt-to-Equity Ratio Inventory Turnover Capital Intensity Sq ft per store Sales per square foot Sales per store Sales per employee Notes for class discussion Calculate Ratios Here Best Buy Circuit City Difference in the Business model between Best Buy and CC 164 Make notre of all of the observations you made from the comparisons above. Shareholder Equity Common Equity 5,257 1,955 Total Liabilities & Shareholder Equity 11,722 3,971 INCOME STATEMENT - FISCAL 2006 Sales 30,848 11,598 Cost of Goods Sold 22,666 8,603 Gross Profit 8,182 2,995 Depreciation, Depletion & Amortization 456 Selling, General & Admin Costs 6,078 2,590 Operating Income 1,648 241 Non-Operating Income Earnings Before Interest & Taxes 1,755 Interest Expense 30 Income Taxes 577 Net Income Before Extraordinary Items 1,140 Extraordinary Items 0 Net Income 1,140 ལྤlཊྛ¥ 263 3 67 151 -9 142 SELECTED OPERATING DATA No. of Employees 140,000 42,359 No. of Stores Square footage of retail (millions) 1,035 33 1,460 22

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.5.1MBA
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Could someone please teach me how to do the calculations, please?

Financial Data for Best Buy and Circuit
Calculate Common-
City (all financial data in millions)
Sized Statements Here
BALANCE SHEET - FISCAL 2006
Assets
Best Buy Circuit City
Best Buy
Circuit City
Cash & Equivalents
Receivables Net
Inventories
3,732
506
838
226
3,338
1,698
Other Current Assets
409
71
Total Current Assets
1,985
2,833
Property, Plant & Equipment - Net
2,712
839
Other Assets
1,025
299
Total Assets
11,722
3,971
Liabilities
Accounts Payable
3,234
1,053
ST Debt & Current Portion Due LT Dbt
418
29
Income Taxes Payable
708
22
76
Other Current Liabilities
1,347
485
Total Current Liabilities
Long Term Debt
Other Liabilities
Total Liabilities
5,702
1,623
178
52
585
341
6,485
2,016
Profitability
Asset Productivity
Financial Leverage
Return on Equity (ROE)
Return on Assets (ROA)
Gross Profit Margin
Operating Profit Margin
Current Ratio
Cash Ratio
Debt-to-Equity Ratio
Inventory Turnover
Capital Intensity
Sq ft per store
Sales per square foot
Sales per store
Sales per employee
Notes for class discussion
Calculate Ratios Here
Best Buy
Circuit City
Difference in the Business model between
Best Buy and CC
164
Make notre of all of the
observations you made from
the comparisons above.
Shareholder Equity
Common Equity
5,257
1,955
Total Liabilities & Shareholder Equity
11,722
3,971
INCOME STATEMENT - FISCAL 2006
Sales
30,848
11,598
Cost of Goods Sold
22,666
8,603
Gross Profit
8,182
2,995
Depreciation, Depletion & Amortization
456
Selling, General & Admin Costs
6,078
2,590
Operating Income
1,648
241
Non-Operating Income
Earnings Before Interest & Taxes
1,755
Interest Expense
30
Income Taxes
577
Net Income Before Extraordinary Items
1,140
Extraordinary Items
0
Net Income
1,140
ལྤlཊྛ¥
263
3
67
151
-9
142
SELECTED OPERATING DATA
No. of Employees
140,000
42,359
No. of Stores
Square footage of retail (millions)
1,035
33
1,460
22
Transcribed Image Text:Financial Data for Best Buy and Circuit Calculate Common- City (all financial data in millions) Sized Statements Here BALANCE SHEET - FISCAL 2006 Assets Best Buy Circuit City Best Buy Circuit City Cash & Equivalents Receivables Net Inventories 3,732 506 838 226 3,338 1,698 Other Current Assets 409 71 Total Current Assets 1,985 2,833 Property, Plant & Equipment - Net 2,712 839 Other Assets 1,025 299 Total Assets 11,722 3,971 Liabilities Accounts Payable 3,234 1,053 ST Debt & Current Portion Due LT Dbt 418 29 Income Taxes Payable 708 22 76 Other Current Liabilities 1,347 485 Total Current Liabilities Long Term Debt Other Liabilities Total Liabilities 5,702 1,623 178 52 585 341 6,485 2,016 Profitability Asset Productivity Financial Leverage Return on Equity (ROE) Return on Assets (ROA) Gross Profit Margin Operating Profit Margin Current Ratio Cash Ratio Debt-to-Equity Ratio Inventory Turnover Capital Intensity Sq ft per store Sales per square foot Sales per store Sales per employee Notes for class discussion Calculate Ratios Here Best Buy Circuit City Difference in the Business model between Best Buy and CC 164 Make notre of all of the observations you made from the comparisons above. Shareholder Equity Common Equity 5,257 1,955 Total Liabilities & Shareholder Equity 11,722 3,971 INCOME STATEMENT - FISCAL 2006 Sales 30,848 11,598 Cost of Goods Sold 22,666 8,603 Gross Profit 8,182 2,995 Depreciation, Depletion & Amortization 456 Selling, General & Admin Costs 6,078 2,590 Operating Income 1,648 241 Non-Operating Income Earnings Before Interest & Taxes 1,755 Interest Expense 30 Income Taxes 577 Net Income Before Extraordinary Items 1,140 Extraordinary Items 0 Net Income 1,140 ལྤlཊྛ¥ 263 3 67 151 -9 142 SELECTED OPERATING DATA No. of Employees 140,000 42,359 No. of Stores Square footage of retail (millions) 1,035 33 1,460 22
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