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(Solved): Assume this is a partial list of financial highlights from a Best Buy annual report:   ...



Assume this is a partial list of financial highlights from a Best Buy annual report:

 

  2017 2016
  (dollars in millions)
Net sales $ 41,080 $ 35,875
Earnings before taxes   2,301   1,318
Net earnings   1,388   926
 

 

Complete a horizontal and vertical analysis from the above information. (Enter your answers in millions. Round the "percent" answers to the nearest hundredth percent.)

 

  Horizontal analysis Vertical analysis
  2017 2016 Increase Percent 2017 2016
Net sales    %  %
Earnings before taxes          %  %
Net earnings          %  %
 


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2017 2016 Amount % 2017% 2016% Net Sales 41080 35875 5205 1
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