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Costco Wholesale Corporation, a major warehouse club retailer, disclosed its financial performance for the year ending 2023. The company's total assets amounted to $150 billion,
Costco Wholesale Corporation, a major warehouse club retailer, disclosed its financial
performance for the year ending 2023. The company's total assets amounted to $150 billion,
with total liabilities of $100 billion. Its net income for the year stood at $15 billion, and the
shareholders' equity was $50 billion.
a) Determine the company's debt-to-assets ratio.
b) Calculate the company's debt-to-equity ratio.
c) Find out the return on assets (ROA) percentage.
d) Calculate the return on equity (ROE) percentage.
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