Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please find Return On Assets, Return On Equity, and Profit Margin for Costco for 2015 and 2016. Please present the ratios and briefly analyze the
Please find Return On Assets, Return On Equity, and Profit Margin for Costco for 2015 and 2016. Please present the ratios and briefly analyze the companys performance in the two years.
Return on sales
Aug 28, 2016 | , Aug 30, 2015 | |
Gross profit margin | 11.35% | 11.09% |
Operating profit margin | 3.16% | 3.19% |
Net Profit Margin | 2.02% | 2.09% |
Return on investment | ||
Return on equity (ROE) | 19.46% | 22.39% |
Return on assets (ROA) | 7.09% | 7.11% |
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