Describe the components of the income statement and alternative presentation formats of that statement ( If you zoom in on images it's more visible) AutoSave OFF Project 1 Saved to my Mac Qu Search Sheet Home Formulas Data Review View Share Insert Page Layout A x fx A1 v D E F G H 1 J INDUSTRY (2018) Apparel, Footwear, Accesories 2018 11 04 0 97 2 30 7 68 7 79 24 84 FROM 2018 2019 INC DEC ( ) DEC DEC INC INC INC DEC DEC INC DEC DEC DEC DEC DEC DEC DEC INC DEC $ MILLIONS 2019 11 02 0 93 2 48 8 06 8 16 24 30 1 01 0 52 $248 00 0 66 0 30 1 96 0 43 31 58 31 30 11 66 3 67 0 01 35 34 0 30 55,196 00 59,099 00 1 02 0 46 $363 00 0 68 0 38 2 17 0 61 28 18 32 72 11 16 4 30 0 01 33 20 0 30 54 616 00 58,252 00 2017 11 33 1 00 2 15 7 37 7 47 25 18 0 99 0 43 S178 00 0 70 0 42 2 34 0 72 30 68 32 08 11 38 4 05 0 05 26 69 1 46 54,084 00 510,354 00 INC INC INC A B 1 COSTCO 2 RATIO CALCULATION 3 Gross Profit Margin (Sales Rev Cost of Goods sold) Sales Revenue 4 Operating Profit Margin (Sales Rev operating expenses) sales revenue 5 Net Profit Margin Profits taxes sales revenue 6 Total Return on Assets (profits taxes interest) total assets 7 Net return on total assets Profits taxes total assets 8 Return on Stockholders equity Profitys taxes total stockholders equity 9 Current Ratio Current Assets Current Liabilities 10 Quick Ratio (Current Assets Inventory) Current Liability 11 Working Capital Current Assets Current Liabilities 12 Total Debt to Assets Total debt total assets 13 Long Term debt to capital long term debt (long term debt stockholders equity) 14 debt to equity total debt total stockholders equity 15 long term debt to equity long term debt total stoickholders equity 16 times interest earned Operating income interests expense 17 Days of inventory Inventory (cost of goods sold 365) 18 Inventory Turnover Cost of goods sold inventory 19 average collection period Accounts receivable (total sales 365) 20 Dividend yield on CS annual dividends per share current market price per share 21 Price to earnings current market price per share earnings per share 22 Dividend payout annual dividends per share earnings per share 23 internal cash flow after tax profits depreciation 24 Free cash flow after tax profits depreciation Capital Expenditures dividends 25 26 sales revenue 27 cost of goods sold 28 operating expenses 29 taxes 30 profits taxes 31 total stockholders equity 32 long term debt 33 current assets 34 current liabilities 35 total debt 36 total assets 37 Interest expense 38 operating income 39 interest income 40 accounts receiveables 41 annual dividends per share 42 current market price per share (9 18 17) 43 earnings per share 44 depreciation 45 capital expenditures 46 dividends 47 shares(000's) 48 Total sales 49 Inventory Ratios Balance Sheet Income Statement Cash Flow Normal $ 126,172 $ 111,882 $ 124,914 $ 1,325 2,714 S 149,351 5 132 886 $ 147,966 $ 1,061 $ 3,704 $ 15,243 $ 6,579 $ 23,485 $ 23 237 $ 29,816 $ 45,400 (150) $ 4,737 '(45) S 138,434 123,152 $ 137,096 $ 1,263 $ 3,179 $ 12,799 $ 7,801 '$ 20 289 $ 19,926 $ 27,727 $ 40,830 5 (159) 5 4,480 (45) 5 1,669 ' 2 14 235 38 57 09 1,437 (2,947) $ 10,778 57,773 $ 17,317 $ 17,495 $ 25,268 36,347 5 (134) $ 4,111 5 (35) 51,432 58 90 162 30 $ 1,535 $6 08 '2 44 ' 291 90 $ 8 26 $ 1,492 's (2,865) (1,038) 442923 $ 152,703 5 11,395 (689) 11,370 'S (2,366) S (3,904) 440937 '5 129,025 59,834 441834 $ 141,576 $ 11,040 Enter , 100 AutoSave OFF X Project 1 Saved to my Mac Qu Search Sheet Review View Share v D E F G H 1 J K L M B MILLIONS 2019 12 2018 12 2017 12 $ 8,384 56,055 '54,546 $ 1,060 $ 1,535 5 11,395 $ 1,204 5 1,669 '11,040 $ 1,233 $ 1,432 59 834 $ 1,111 $ 23,485 321 520,289 272 $ 17,317 $ 32,626 (11,736) $ 20,890 $ 30,714 '5 (11,033) 5 19,681 28,341 '(10,180) $ 18,161 Home Insert Page Layout Formulas Data A48 fx A 1 COSTCO BALANCE SHEET 2 Fiscal year ends in September USD in Millions except per share data 3 Assets 4 Current assets 5 Cash 6 Cash and cash equivalents 7 Total cash 8 Short term investments 9 Receivables 10 Inventories 11 Deferred income taxes 12 Prepaid expenses 13 Other current assets 14 Total current assets 15 Non current assets 16 Property, plant and equipment 17 Gross property, plant and equipment 18 Accumulated Depreciation 19 Net property, plant and equipment 20 Goodwill 21 Intangible assets 22 Deferred income taxes 23 Other long term assets 24 Total non current assets 25 Total assets 26 Liabilities and stockholders' equity 27 Liabilities 28 Current liabilities 29 Short term debt 30 Accounts payable 31 Accrued liabilities 32 Other current liabilities 33 Total current liabilities 34 Non current liabilities 35 Long term debt 36 Other long term liabilities 37 Total non current liabilities 38 Total liabilities 39 Stockholders' equity 40 Common stock 41 Additional paid in capital 42 Retained earnings 43 Accumulated other comprehensive income 44 Total stockholders' equity 45 Non controlling interests 46 Total Equity 47 Total liabilities and stockholders' equity 48 49 $ 1,025 S 860 $ 869 $ 45,400 $ 40,830 '36,347 51,711 $ 11,679 54,356 $ 5,491 $ 23,237 5 1,624 $11,237 '5 4,051 $ 3,014 5 19,926 5 1,498 59,608 13,664 52 725 $ 17,495 $ 5,124 $ 1,455 $ 6,579 5 29,816 6,487 $1,314 $ 7,801 $ 27,727 5 6,573 5 1,200 57,773 '$ 25,268 4 $6,417 $ 10,258 's (1,436) $ 15,243 $ 341 5 15,584 545,400 4 56,107 $ 7,887 5 (1,199) $12 799 '$ 304 $ 13,103 's 40,830 4 $ 5,800 $ 5,988 (1,014) $ 10,778 301 5 11,079 5 36,347 Ratios Balance Sheet Income Statement Cash Flow Ready 100 AutoSave OFF X Project 1 Saved to my Mac Q Search Sheet Review View Share v v D E F G H 1 J K L M B IS MILLIONS 2019 12 2018 12 $ 149,351 $ 138,434 $ 3,352 $ 3 142 152,703 $ 141,576 5 147,966 $ 137,096 2017 12 $ 126,172 $ 2,853 5 129,025 $ 124,914 5 132,886 $ 14,994 586 5 123,152 5 13,876 's 68 15111,882 $ 12,950 '82 $ 147,966 's 4,737 (150) S 178 4,765 $ 1,061 '5 137,096 $ 4,480 5 (159) 5121 '54,442 $ 1 263 $ 124,914 54,111 's(134) 's 62 54 039 $ 1,325 53,179 53,704 (45) Home Insert Page Layout Formulas Data A1 fx COSTCO INCOME STATEMENT A 1 1 COSTCO INCOME STATEMENT 2 Fiscal year ends in September USD in Millions except per share data 3 Net Sales 4 Membership fess 5 Revenue 6 Cost of revenue 7 Gross profit 8 Operating expenses 9 Merchandise Costs 10 Sales, General and administrative 11 Pre opening expenses 12 Restructuring, merger and acquisition 13 Other operating expenses 14 Total operating expenses 15 Operating income 16 Interest Expense 17 Other income (expense) 18 Income before taxes 19 Provision for income taxes 20 Net income from continuing operations 21 Net income 22 Preferred dividend 23 Net income available to common shareholders 24 Earnings per share 25 Basic 26 Diluted 27 Weighted average shares outstanding (000's) 28 Basic 29 Diluted 30 EBITDA 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 's (45) $ 3,134 $ 2,714 5 (35) 52,679 5 3,659 8 32 8 26 7 15 7 09 6 11 6 08 439755 442923 $ 6,257 438515 441834 $ 5,879 438437 440937 $ 5,409 Ratios Balance Sheet Income Statement Cash Flow Ready 100

Question

Describe the components of the income statement and alternative presentation formats of that statement ( If you zoom in on images it's more visible) AutoSave OFF Project 1   Saved to my Mac Qu Search Sheet Home Formulas Data Review View Share Insert Page Layout A x fx A1 v D E F G H 1 J INDUSTRY (2018) Apparel, Footwear, Accesories 2018 11 04  0 97  2 30  7 68  7 79  24 84  FROM 2018 2019 INC DEC (   ) DEC DEC INC INC INC DEC DEC INC DEC DEC DEC DEC DEC DEC DEC INC DEC $ MILLIONS 2019 11 02  0 93  2 48  8 06  8 16  24 30  1 01 0 52 $248 00 0 66 0 30 1 96 0 43  31 58 31 30 11 66 3 67 0 01 35 34 0 30 55,196 00 59,099 00 1 02 0 46 $363 00 0 68 0 38 2 17 0 61  28 18 32 72 11 16 4 30 0 01 33 20 0 30 54 616 00 58,252 00 2017 11 33  1 00  2 15  7 37  7 47  25 18  0 99 0 43 S178 00 0 70 0 42 2 34 0 72  30 68 32 08 11 38 4 05 0 05 26 69 1 46 54,084 00 510,354 00   INC INC INC A B 1 COSTCO 2 RATIO CALCULATION 3 Gross Profit Margin  (Sales Rev Cost of Goods sold) Sales Revenue 4 Operating Profit Margin  (Sales Rev operating expenses) sales revenue 5 Net Profit Margin  Profits taxes sales revenue 6 Total Return on Assets  (profits taxes interest) total assets 7 Net return on total assets Profits taxes total assets 8 Return on Stockholders equity Profitys taxes total stockholders equity 9 Current Ratio Current Assets Current Liabilities 10 Quick Ratio  (Current Assets Inventory) Current Liability 11 Working Capital Current Assets Current Liabilities 12 Total Debt to Assets Total debt total assets 13 Long Term debt to capital long term debt (long term debt stockholders equity) 14 debt to equity  total debt total stockholders equity 15 long term debt to equity long term debt total stoickholders equity 16 times interest earned Operating income interests expense 17 Days of inventory Inventory (cost of goods sold 365) 18 Inventory Turnover Cost of goods sold inventory 19 average collection period Accounts receivable (total sales 365) 20 Dividend yield on CS  annual dividends per share current market price per share 21 Price to earnings current market price per share earnings per share 22 Dividend payout annual dividends per share earnings per share 23 internal cash flow after tax profits depreciation 24 Free cash flow  after tax profits depreciation Capital Expenditures dividends 25 26 sales revenue 27 cost of goods sold 28 operating expenses 29 taxes 30 profits   taxes 31 total stockholders equity 32 long term debt 33 current assets 34 current liabilities 35 total debt 36 total assets 37 Interest expense 38 operating income 39 interest income 40 accounts receiveables 41 annual dividends per share 42 current market price per share (9 18 17) 43 earnings per share 44 depreciation 45 capital expenditures 46 dividends 47 shares(000's) 48 Total sales 49 Inventory   Ratios Balance Sheet Income Statement Cash Flow Normal $ 126,172 $ 111,882 $ 124,914 $ 1,325 2,714  S 149,351 5 132 886 $ 147,966 $ 1,061 $ 3,704 $ 15,243 $ 6,579 $ 23,485 $ 23 237 $ 29,816 $ 45,400 (150) $ 4,737 '(45)  S 138,434  123,152 $ 137,096  $ 1,263 $ 3,179 $ 12,799 $ 7,801 '$ 20 289 $ 19,926 $ 27,727 $ 40,830  5 (159)  5 4,480  (45) 5 1,669 ' 2 14 235 38 57 09  1,437  (2,947) $ 10,778 57,773 $ 17,317 $ 17,495 $ 25,268 36,347  5 (134) $ 4,111 5 (35) 51,432 58 90 162 30 $ 1,535 $6 08 '2 44 ' 291 90 $ 8 26 $ 1,492 's (2,865)   (1,038) 442923 $ 152,703 5 11,395 (689) 11,370 'S (2,366)  S (3,904) 440937 '5 129,025 59,834 441834 $ 141,576 $ 11,040   Enter ,     100  AutoSave OFF X Project 1  Saved to my Mac Qu Search Sheet Review View Share v D E F G H 1 J K L M B MILLIONS 2019 12 2018 12 2017 12 $ 8,384 56,055 '54,546 $ 1,060  $ 1,535 5 11,395 $ 1,204 5 1,669 '11,040 $ 1,233  $ 1,432 59 834 $ 1,111 $ 23,485 321  520,289 272 $ 17,317 $ 32,626 (11,736) $ 20,890 $ 30,714 '5 (11,033)  5 19,681  28,341 '(10,180) $ 18,161 Home Insert Page Layout Formulas Data A48 fx A 1 COSTCO BALANCE SHEET 2 Fiscal year ends in September  USD in Millions except per share data  3 Assets  4 Current assets  5 Cash 6 Cash and cash equivalents 7 Total cash 8 Short term investments 9 Receivables 10 Inventories 11 Deferred income taxes 12 Prepaid expenses 13 Other current assets 14 Total current assets 15 Non current assets  16 Property, plant and equipment  17 Gross property, plant and equipment 18 Accumulated Depreciation 19 Net property, plant and equipment 20 Goodwill 21 Intangible assets 22 Deferred income taxes 23 Other long term assets 24 Total non current assets 25 Total assets 26 Liabilities and stockholders' equity 27 Liabilities 28 Current liabilities 29 Short term debt 30 Accounts payable 31 Accrued liabilities 32 Other current liabilities 33 Total current liabilities 34 Non current liabilities  35 Long term debt 36 Other long term liabilities 37 Total non current liabilities 38 Total liabilities 39 Stockholders' equity  40 Common stock 41 Additional paid in capital 42 Retained earnings 43 Accumulated other comprehensive income 44 Total stockholders' equity 45 Non controlling interests 46 Total Equity 47 Total liabilities and stockholders' equity 48 49 $ 1,025 S 860 $ 869 $ 45,400 $ 40,830 '36,347 51,711 $ 11,679 54,356 $ 5,491 $ 23,237 5 1,624 $11,237 '5 4,051 $ 3,014  5 19,926  5 1,498 59,608 13,664 52 725 $ 17,495 $ 5,124 $ 1,455 $ 6,579 5 29,816 6,487 $1,314 $ 7,801 $ 27,727  5 6,573 5 1,200 57,773 '$ 25,268 4 $6,417 $ 10,258 's (1,436) $ 15,243 $ 341 5 15,584 545,400 4 56,107 $ 7,887 5 (1,199) $12 799 '$ 304 $ 13,103 's 40,830 4 $ 5,800 $ 5,988   (1,014) $ 10,778 301 5 11,079 5 36,347 Ratios Balance Sheet Income Statement Cash Flow     Ready   100  AutoSave OFF X Project 1  Saved to my Mac Q  Search Sheet Review View Share v v D E F G H 1 J K L M B IS MILLIONS 2019 12 2018 12 $ 149,351 $ 138,434 $ 3,352 $ 3 142   152,703 $ 141,576 5 147,966 $ 137,096 2017 12 $ 126,172 $ 2,853 5 129,025 $ 124,914 5 132,886 $ 14,994 586 5 123,152 5 13,876 's 68 15111,882 $ 12,950 '82 $ 147,966 's 4,737 (150) S 178 4,765 $ 1,061 '5 137,096  $ 4,480  5 (159) 5121 '54,442 $ 1 263 $ 124,914 54,111 's(134) 's 62 54 039 $ 1,325 53,179 53,704   (45) Home Insert Page Layout Formulas Data A1 fx COSTCO INCOME STATEMENT A 1 1 COSTCO INCOME STATEMENT 2 Fiscal year ends in September  USD in Millions except per share data  3 Net Sales 4 Membership fess 5 Revenue 6 Cost of revenue 7 Gross profit 8 Operating expenses 9 Merchandise Costs 10 Sales, General and administrative 11 Pre opening expenses 12 Restructuring, merger and acquisition 13 Other operating expenses 14 Total operating expenses 15 Operating income 16 Interest Expense 17 Other income (expense) 18 Income before taxes 19 Provision for income taxes 20 Net income from continuing operations 21 Net income 22 Preferred dividend 23 Net income available to common shareholders 24 Earnings per share 25 Basic 26 Diluted 27 Weighted average shares outstanding (000's) 28 Basic 29 Diluted 30 EBITDA 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 's (45) $ 3,134 $ 2,714 5 (35) 52,679 5 3,659 8 32 8 26 7 15 7 09 6 11 6 08 439755 442923 $ 6,257 438515 441834 $ 5,879 438437 440937 $ 5,409 Ratios Balance Sheet Income Statement Cash Flow   Ready     100

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