Analysis and Interpretation of Profitability Balance sheets and income statements for Costco Wholesale Corporation follow. (Perform the required computations from the perspective of a Costco shareholder.) Costco Wholesale Corporation Consolidated Statements of Earnings For Fiscal Years Ended ($ millions) August 28, 2016 August 30, 2015 August 31, 2014 Revenue $116,073 2,646 118,719 $113,666 2,533 116,199 $110,212 2,428 112,640 Net Sales Membership fees Total revenue Operating expenses Merchandise costs Selling, general and administrative Preopening expenses 102,901 12,068 78 3,672 101,065 11,445 65 3,624 98,458 10,899 63 3,220 Operating Income Other income (expense) (113) (133) 80 3,619 1,243 2,376 (26) $2,350 (124) 104 3,604 1,195 2,409 (32) $2,377 Interest expense Interest income and other, net 90 3,197 1,109 2,088 (30) $2,058 Income before income taxes Provision for income taxes Net income including noncontrolling interests Net income attributable to noncontrolling interests Net income attributable to Costco