Using the attached financial statements for Best Buy Co., Inc. complete the financial statement analysis and ratio analysis by answering the questions below.
a. Calculate average collection period, total asset turnover, inventory turnover, and days in inventory.
b. Assess the activity of the firm, using your calculations in part a, over the four year period.
c. Calculate the gross profit margin, operating margin, and net profit margin.
d. Assess the profitability of the firm, using your calculations in part c, over the four year period.
Requirements:
Submit your paper in a Word document, showing all of your calculations (attach Excel File if necessary).
Use terms, evidence, and concepts from class readings.
Your paper must be formatted according to CSU-Global Guide to Writing and APA Requirements.
The exercise should be 3-4 pages (not including title or reference pages), double spaced, follow the CSU-Global Guide to Writing and APA Requirements policy, and include a minimum of four (4) sources with at least 2 from scholarly or peer review journals
