Assume this is a partial list of financial highlights from a Best Buy annual report: 2023 2022 (dollars in millions) Net sales $ 48,080 Earnings before taxes 2,441 Net earnings 1,528 $ 41,475 1,388 996 Complete a horizontal and vertical analysis from the above information. Note: Enter your answers in millions. Round the "percent" answers to the nearest hundredth percent. Net sales Earnings before taxes Net earnings Horizontal analysis Vertical analysis 2023 2022 Increase Percent 2023 2022 % % % % % %

Assume this is a partial list of financial highlights from a Best Buy annual report: 2023 2022 (dollars in millions) Net sales $ 48,080 Earnings before taxes 2,441 Net earnings 1,528 $ 41,475 1,388 996 Complete a horizontal and vertical analysis from the above information. Note: Enter your answers in millions. Round the "percent" answers to the nearest hundredth percent. Net sales Earnings before taxes Net earnings Horizontal analysis Vertical analysis 2023 2022 Increase Percent 2023 2022 % % % % % %

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 38E: Sundahl Companys income statements for the past 2 years are as follows: Refer to the information for...

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