Don't provide answers in image format Best Buy's financial data included the following (in millions):As of:CashInventoriesOther Current AssetsTotal Current AssetsNon-Current AssetsTotal AssetsTotal Liabilities & EquityFor the year ending 1/29/2022:RevenueCOGSGross MarginOther ExpensesNet Income1/29/2022 1/30/2021$2,936$5,4915,6125,9651,63810,5396,965$17,5041,434$51,76140,12111,6409,186$2,45412,5406,527$19,067$17,504 $19,067What is Best Buy's Days' Sales in Inventory for the year ending on 1/29/2022? Please round to one decimal place.

Name: Don't provide answers in image format Best Buy's financial data includ
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Description: Don't provide answers in image format Best Buy's financial data included the following (in millions):As of:CashInventoriesOther Current AssetsTotal Current AssetsNon-Current AssetsTotal AssetsTotal Liabilities & EquityFor the year ending 1/29/2022:Re

Days' sales in inventory =52.6daysDays' sales in inventory=(Average inventory/ cost of goods sold)…

Answered: Revenue COGS Gross Margin Other…

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Revenue COGS Gross Margin Other Expenses Net Income $51,761 40,121 11,640 9,186 $2,454 What is Best Buy's Days' Sales in Inventory for the year ending on 1/29/2022? Please round to one decimal place

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)

10th Edition

ISBN:9781337902571

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter3: Financial Statements, Cash Flow, And Taxes

Section: Chapter Questions

Problem 19SP

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Given the data in the following table, accounts receivable in 2023 was…
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