MetaForecast Best Buy's fiscal 2012 balance sheet using the following relations (assume "no change" for...

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MetaForecast Best Buy's fiscal 2012 balance sheet using the following relations (assume "no change" for accounts not listed). Assume that all capital expenditures are purchases of property and equipment.
Short-term investments No change
Receivables/Revenue 4.7%
Merchandise inventories/Revenue 11.7%
Other current assets/Revenue 2.2%
CAPEX (Increase in gross Property and equipment)/Revenue 1.5%
Goodwill No change
Amortization expense for Tradenames $25
Amortization expense for Customer relationships $38
Equity and Other Investments No change
Other Assets/Revenue 0.9%
Accounts payable/Revenue 9.7%
Unredeemed gift card liabilities/Revenue 0.9%
Accrued compensation and related expenses/Revenue 1.1%
Accrued liabilities/Revenue 2.9%
Accrued income taxes/Revenue 0.5%
Long-term liabilities No change
Noncontrolling interests *
Depreciation/Prior year gross PPE 12.0%
Amortization/Prior year intangible asset balance 18.7%
Dividends/Net income 18.6%
Long-term debt payments required in fiscal 2013 $37
*increase by net income attributable to noncontrolling interests and assume no dividends
Round all answers to the nearest whole number.
Do not use negative signs with your answers in the balance sheet.
Balance Sheet
($ millions)2012
Estimated
Assets
Cash and cash equivalents Answer
0
Short-term investments Answer
0
Receivables Answer
0
Merchandise inventories Answer
0
Other current assets Answer
0
Total current assets Answer
0
Property and equipment
Gross property and equipment Answer
0
Less accumulated depreciation Answer
0
Net property and equipment Answer
0
Goodwill Answer
0
Tradenames, Net Answer
0
Customer Relationships, Net Answer
0
Equity and Other Investments Answer
0
Other assets Answer
0
Total assets Answer
0
Liabilities and equity
Accounts payable Answer
0
Unredeemed gift card liabilities Answer
0
Accrued compensation and related expenses Answer
0
Accrued liabilities Answer
0
Accrued income taxes Answer
0
Short-term debt Answer
0
Current portion of long-term debt Answer
0
Total current liabilities Answer
0
Long-term liabilities Answer
0
Long-term debt Answer
0
Best Buy Co., Inc. Shareholders' Equity
Preferred stock, $1.00 par value: Authorized -400,000 shares; Issued and outstanding - none Answer
0
Common stock, $0.10 par value: Authorized -1.0 billion shares; Issued and outstanding -392,590,000 and Answer
0
418,815,000 shares, respectively
Additional paid-in capital Answer
0
Retained earnings Answer
0
Accumulated other comprehensive income Answer
0
Total Best Buy Co., Inc. shareholders' equity Answer
0
Noncontrolling interests Answer
0
Total equity Answer
0
Total liabilities and Equity Answer
0

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