Financial Leverage

Costco Wholesale Corporation (COST) and Wal-Mart Stores Inc. (WMT) reported the following data (in millions) for a recent year:

	Costco			Wal-Mart
Sales		$116,199			$482,130
Operating income		2,377			15,080
Average total assets		33,232			201,536
Average stockholders equity		11,460			80,970

1. Compute the return on total assets. Round to one decimal place.

	Return on Total Assets
Costco			%
Wal-Mart			%

2. Compute the return on stockholders equity. Round to one decimal place.

	Return on Stockholders Equity
Costco			%
Wal-Mart			%

3. Compute the profit margin, asset turnover, and financial leverage metrics. Round to two decimal places.

	Costco			Wal-Mart
Profit Margin			%			%
Asset Turnover
Financial Leverage