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antal Alincome Statement The following data (in millions were taken from the financial statements of Costco Wholesale Corporation: Recent Year Prior Year Revenue $869,022 $798,000 Operating expenses 825,264 766,000 Operating income $43,758 $32,000 a For Costco, determine the amount of change in millions and the percent of change (round to one decimal place) from the prior year to the recent year for: L. Revenue 2. Operating expose 3. Operating income Amount of Change Percent of Change Increase or Decrease (in millions) (round to 1 decimal place) 1. Revenue % 2. Operating expenses 3. Operating income b. During the recent year, c. The operating results of Target Corporation for the recent year are provided below 2. Operating expenses 3. Operating income Amount of Change (in millions) Percent of Change (round to 1 decimal place) Increase or Decrease 1. Revenue % 2. Operating expenses % 3. Operating income 9 dropdown b. During the recent year, C. The operating results of Target Corporation for the recent year are provided below Amount of Change Percent of Change Increase or Decrease 1. Revenue $9,233 8.6 % Increase $5,971 7.4% Increase 2. Operating expenses 3. Operating income $3,802 13.8 % Increase How should the operating results of Target and Costco for the recent year be evaluated? Check My Work LO har play 1. Revenue 2. Operating expenses 3. Operating income Amount of Change (in millions) Percent of Change (round to 1 decimal place) Increase or Decrease 1. Revenue $ % 2. Operating expenses S % 3. Operating income % b. During the recent year, C. The operating results of Target Corporation for the recent year are provided below. Amount of Change Percent of Change Increase or Decrease Since Costco and Target are the same size, it is best to compare their operating results in terms of dollars Since Costco and Target are the same size, it is best to compare their operating results in terms of percentages Since Costco and Target are different sizes, it is best to compare their operating results in terms of dollars Since Costco and Target are different sizes, it is best to compare their operating results in terms of percentages Check My Work All work saved 3. Operating income Amount of Change (in millions) Percent of Change (round to 1 decimal place) In 1. Revenue $ % 2. Operating expenses $ % 3. Operating income % b. During the recent year, C. The o revenues increased and operating expenses decreased are provided below. Incr revenues decreased and operating expenses increased int of Change both revenues and operating expenses increased 1. Rever 8.6 % both revenues and operating expenses decreased 2. Opera 7.4 % 3. Operating income $3,802 13.8 % How should the operating results of Target and Costco for the recent year be evaluated