Using the balance sheets prepare a vertical common-size, Accounting Basics

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Using the balance sheets prepare a vertical common-size

Best Buy Co., Inc.'s consolidated balance sheets from its 2011 annual report are presented in Exhibit 5-3.

a. Using the balance sheets, prepare a vertical common-size analysis for 2011 and 2010. Use total assets as a base.

b. Using the balance sheets, prepare a horizontal common-size analysis for 2011 and 2010. Use 2010 as the base.

c. Comment on significant trends that appear in (a) and (b)

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Accounting Basics: Using the balance sheets prepare a vertical common-size

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Accounting Basics: Using the balance sheets prepare a vertical common-size

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