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For this question pertaining to forecasting the statement of cash flows, please

ID: 2518737 • Letter: F

Question

For this question pertaining to forecasting the statement of cash flows, please let me know where I went wrong with my answers. Please solve the problem in its entirity and show your steps to your calculations.

QUESTION 2 Correct 1.00 points out of 1.00 P Flag question Forecast the Statement of Cash Flows Following are the income statements and balance sheets of Best Buy Co., Inc. 2012 Income Statement, Fiscal Years Ended ($ millions) Feb. 26, 2011 Estimated $51,780 38,731 Revenue Cost of goods sold Restructuring charges-cost of goods sold Gross profit Selling, general and administrative expenses Restructuring charges Goodwill and tradename impairment Operating income Other income (expenses) Investment income and other Interest expense Earnings before income tax expense and equity in income of affil ates Income tax expense Equity in income of affiliates $50,272 37,611 24 12,637 10,325 198 13,049 10,615 2,434 2,114 51 (87) 2,398 825 51 (87) 2,078 714

Explanation / Answer

Everything seems to be perfect there are no problems that can be taken out as you have done the question correctly

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