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D. Provide Financial Statement Analysis Short-term solvency ratios o Current ratio Write a story behind the ratio in the year 2023. (1 point) The
D. Provide Financial Statement Analysis Short-term solvency ratios o Current ratio Write a story behind the ratio in the year 2023. (1 point) The ratio changed (either increased or decreased) from the year 2022 to the year 2023. Find the change in the ratio and write what causes the ratio to change. (1 point) O Quick ratio Write a story behind the ratio in the year 2023. (1 point) - The ratio changed (either increased or decreased) from the year 2022 to the year 2023. Find the change in the ratio and write what causes the ratio to change. (1 point) Cash ratio Write a story behind the ratio in the year 2023. (1 point) 4 CURRENT ASSETS Cash and cash equivalents Short-term investments Receivables, net Merchandise inventories Other current assets Total current assets Consolidated Balance Sheet - USD ($) Shares in Thousands, $ in Millions OTHER ASSETS (LONG TERM ASSETS) Land Buildings and improvements Equipment and fixtures Construction in progress Gross property and equipment Less accumulated depreciation and amortization Net property and equipment Operating lease, right-of-use assets Other long-term assets Total Long term assets TOTAL ASSETS CURRENT LIABILITIES Accounts payable Accrued salaries and benefits Accrued member rewards Deferred membership fees Current portion of long-term debt Other current liabilities Total current liabilities LONG-TERM LIABILITIES Long-term debt, excluding current portion Sep. 03, 2023 Aug. 28, 2022 Aug. 29, 2021 Sssssss SSS $ 13,700 $ 10,203 $ 11,258 $ 1,534 $ 846 $ $ 2,285 $ 2,241 $ 917 1,803 $ 16,651 $ 17,907 $ 14,215 $ 1,709 $ 1,499 $ $ 35,879 $ 32,696 $ 1,312 29,505 $ 8,590 $ 7,955 $ 7,507 $ 22,001 $ 20,120 $ 19,139 SS 11,512 $ $ 1,266 $ $ 43,369 $ $ (16,685) $ 10,275 $ 1,582 $ 39,932 $ (15,286) $ 9,505 1,507 37,658 (14,166) $ $ $ sssss $ 26,684 $ 24,646 $ 2,713 $ 2,774 $ 23,492 2,890 3,718 $ 4,050 $ 3,381 $ 33,115 $ 31,470 $ 29,763 68,994 $ 64,166 $ 59,268 $ $ $ $ $ $ ssssssss 17,483 $ 17,848 $ 16,278 4,278 $ 4,381 $ 4,090 2,150 $ 1,911 $ 1,671 2,337 $ 2,174 $ 2,042 1,081 $ 73 $ 799 6,254 $ 5,611 $ $ 33,583 $ 31,998 $ 4,561 29,441 S 5,377 $ 6,484 $ 6,692 Long-term operating lease liabilities Other long-term liabilities Total Long term liabilities EQUITY TOTAL LIABILITIES $ $ ssss $ 2,426 $ 2,482 $ 2,642 2,550 $ 2,555 $ 2,415 10,353 $ 11,521 $ 11,749 43,936 $ 43,519 $ 41,190 Preferred stock $.01 par value; 100,000,000 shares authorized; no shares issued and outstanding 0 0 0 Common stock $0.01 par value; 900,000,000 shares authorized; 441,255,000 and 439,625,000 shares issued and outstanding $ 2 $ 2 $ 4 Additional paid-in capital Accumulated other comprehensive loss Retained earnings $ Total Costco stockholders' equity Noncontrolling interests Total equity TOTAL LIABILITIES AND EQUITY $ $ ssssssssss $ 7,340 $ 6,884 $ 7,031 $ (1,805) $ (1,829) $ (1,137) 19,521 $ 15,585 $ 11,666 25,058 $ 20,642 $ 17,564 $ 5 $ 514 $ 25,058 $ 20,647 $ 18,078 $ 68,994 $ 64,166 $ 59,268
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