Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Find online the annual 1 0 - K report for Costco Wholesale Corporation ( COST ) as of August 3 0 , 2 0 2
Find online the annual K report for Costco Wholesale Corporation COST as of August Answer the following questions from the income statement:
a What were Costco revenues for that year? By what percentage did revenues grow from the prior year?
b What were Costco operating and net profit margins in that year?
c What were Costco diluted earnings per share in that year? What number of shares is this EPS based on
a What were Costco revenues for that year? By what percentage did revenues grow from the prior year? Select the best choice below.
A Revenues for that year were $ million and they increased by with respect to the prior year.
B Revenues for that year were $ million and they increased by with respect to the prior year.
C Revenues for that year were $ million and they increased by with respect to the prior year.
D Revenues for that year were $ million and they increased by with respect to the prior year.
b What were Costco operating and net profit margins in that year? How do they compare with its margins in the prior year? Select the best choice below.
A Operating profit margin was while net profit margin was
B Operating profit margin was while net profit margin was
C Operating profit margin was while net profit margin was
D Operating profit margin was while net profit margin was
c What were Costco diluted earnings per share in that year? What number of shares is this EPS based onSelect the best choice below.
A The diluted earnings per share were $ and were based on million shares.
B The diluted earnings per share were $ and were based on million shares.
C The diluted earnings per share were $ and were based on million shares.
D The diluted earnings per share were $ and were based on million shares.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started