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I\'m working on my assigment Intermediate accounting 1 and having a hard time tr

ID: 2449816 • Letter: I

Question

I'm working on my assigment Intermediate accounting 1 and having a hard time try to calculate the debt to equity ratio for Best Buy for its fiscal year ended February, 1, 2014.

Using the following inforamtion:

Liabilities and Shareholders' Equity   Current liabilities:      Accounts payable$5,122        Other current liabilities 2,314                         Total current liabilities 7,436        Long-term liabilities 2,588        Shareholders’ equity 3,989            Total liabilities and shareholders' equity$14,013     

Explanation / Answer

I'm working on my assigment Intermediate accounting 1 and having a hard time tr