Part I:

You are considering investing in either Costco or Walmart. Obtain a copy of Costco's 2019 10-K (also known as Annual Report) for the fiscal year ended September 1, 2019. Also obtain a copy of Walmart's 2020 10-K for the fiscal year ended January 31, 2020. You can find these through the SEC's webside sec.gov/edgar.shtml or from the separate company's website. Based on these financial statements, calculate the following ratios and interpret your results. Your interpretation of the results should discuss what the ratios represent and which company is performing (or is in a stronger position) better. Make sure to show the number you used from the companies' financial statements.