Analyze and review the 2022 and 2021 financial statement information for Costco Wholesale Corporation (COST).

Attach a file showing your calculations of the ratios outlined in the table for "Ratios for Costco Wholesale Corporation (COST)" below. You need to clearly show your work. An image of your handwritten calculations would be acceptable

Ratios For Costco Wholesale Corporation (COST)

Ratio 8/2022 Calculations Ratio 8/2021 Calculations Ratio

Current Ratio

Acid test Ratio

Ave. Days Collection

Total Debt to Total Assets

Return on Equity

Asset Turnover

Profit Margin on net Sales

Inventory Turnover

For more calculations and explanations Click Financial Analysis.

Note that "Cost of Goods Sold," is often called "Cost of Revenue."

Table 16.1 is found on page 430 of your text. The table shows a selection of key ratios.

Inventory Turnover is = Cost of goods/Average inventory What it measures? Inventory Turnover is used to evaluate the efficiency of inventory management