Prepare an Internal Factor Evaluation (IFE) Matrix and External Factor Evaluation (EFE) Matrix for Costco
a) Internal Factor Evaluation (IFE) Matrix and External Factor Evaluation (EFE) Matrix, for Costco
b) interpret the total weighted score of IFE and EFE matrix
c) What are the benefits of IFE and EFE matrices
Costco Wholesale Corp. Consolidated Income Statement US$ in millions 12 months ended: Sep 1, 2019 Net sales 149,351 Merchandise costs (132,886) Gross margin 16,465 Membership fees 3,352 Selling, general and administrative (14,994) Preopening expenses (86) Operating in come 4,737 Interest expense (150) Interest income 126 Foreign-currency transactionsgains (losses), net 27 Other, net 25 Interest income and other, net 178 Other income (expense) 28 Income before income taxes 4,765 Provision for income taxes (1,061) Netincome including non controlling interests 3,704 Net income attributable to noncontrolling interests (45) Net income attributable to Costco 3,659 Based on: 10-K (filing date: 2019-10-11), 10-K (Filing date: 2016-10-26), 10-K (Filing date: 2017-10-18), Sep 2, 2018 138,434 (123,152) 15,282 3,142 (13,876) (68) 4,480 (159) 75 23 23 121 (38) 4,442 (1,263) 3,179 (45) 3,134 Sep 3, 2017 126,172 (111,882) 14,290 2,853 (12,950) (82) 4,111 (134) 50 (5) 17 62 (72) 4,039 (1,325) 2,714 (35) 2,679 Costco Wholesale Corp. Consolidated Balance Sheet: Assets US$ in millions Sep 1, 2019 Cash and cash equivalents 8,384 Short-term investments 1,060 Receivables, net 1,535 Merchandise inventories 11,395 Other current assets 1,111 Current assets 23,485 Net property and equipment 20,890 Other assets 1,025 Long-term assets 21,915 Total assets 45,400 Based on: 10-K (filing date: 2019-10-11). 10-K (filing date: 2015-10-26). 10-K (filing date: 2017-10-18) Sep 2, 2018 6,055 1,204 1,669 11,040 321 20,289 19,681 860 20,541 40,830 Sep 3, 2017 4,546 1,233 1,432 9,834 272 17,317 18,161 869 19,030 36,347 Costco Wholesale Corp. Consolidated Cash Flow Statement Sep 2, 2018 3,179 1,437 544 (6) (49) (1,313) 1,561 421 669 Sep 3, 2017 2,714 1,370 514 (38) 24 (29) (894) 2,258 807 2,171 322 409 US$ in millions 12 months ended: Sep 1, 2019 Net income including noncontrolling interests 3,704 Depreciation and amortization 1,492 Stock-based compensation 595 Excess tax benefits on stock-based awards Other non-cash operating activities, net 9 Deferred income taxes 147 Merchandise inventories (536) Accounts payable Other operating assets and liabilities, net 623 Changes in operating assets and liabilities Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities 2,652 Net cash provided by operating activities 6,356 Purchases of short-term investments (1,094) Maurities and sales of short-term investments 1,231 Additions to property and equipment (2,998) Other investing activities net Net cash used in investing activities (2,865) Change in bank payments outstanding Repayments of short-term borrowings Proceeds from short-term borrowings Proceeds from issuance of long-term debt Repayments of long-term debt (89) Tax withholdings on stock-based awards (272) Excesstax benefits on stock-based awards Repurchases of common stock (247) Cash dividend payments (1,038) Other financing ativities net (9) Net cash used in financing activities (1,147) Effect of exchange rate changes on cash and cash equivalents (15) Net change in cash and cash equivalents 2,329 Cash and cash equivalents beginning of year 6,055 Cash and cash equivalents end of year 8,384 Based on: 10-K (Filing date: 2019-10-11), 10-K (Filing date: 2016-10-26), 10-K (Filing date: 2017-10-18) 2,595 5,774 (1,060) 1,078 (2,969) 4 (2,947) 80 4,012 6,726 (1,279) 1,385 (2,502) 30 (2,366) (236) 210 298 (86) (217) (328) (689) (41) (1,281) (37) 1,509 4,546 6,055 3,782 (2,200) (202) 38 (469) (3,904) (27) (3,218) 25 1,167 3,379 4,546 Costco Wholesale Corp. Consolidated Income Statement US$ in millions 12 months ended: Sep 1, 2019 Net sales 149,351 Merchandise costs (132,886) Gross margin 16,465 Membership fees 3,352 Selling, general and administrative (14,994) Preopening expenses (86) Operating in come 4,737 Interest expense (150) Interest income 126 Foreign-currency transactionsgains (losses), net 27 Other, net 25 Interest income and other, net 178 Other income (expense) 28 Income before income taxes 4,765 Provision for income taxes (1,061) Netincome including non controlling interests 3,704 Net income attributable to noncontrolling interests (45) Net income attributable to Costco 3,659 Based on: 10-K (filing date: 2019-10-11), 10-K (Filing date: 2016-10-26), 10-K (Filing date: 2017-10-18), Sep 2, 2018 138,434 (123,152) 15,282 3,142 (13,876) (68) 4,480 (159) 75 23 23 121 (38) 4,442 (1,263) 3,179 (45) 3,134 Sep 3, 2017 126,172 (111,882) 14,290 2,853 (12,950) (82) 4,111 (134) 50 (5) 17 62 (72) 4,039 (1,325) 2,714 (35) 2,679 Costco Wholesale Corp. Consolidated Balance Sheet: Assets US$ in millions Sep 1, 2019 Cash and cash equivalents 8,384 Short-term investments 1,060 Receivables, net 1,535 Merchandise inventories 11,395 Other current assets 1,111 Current assets 23,485 Net property and equipment 20,890 Other assets 1,025 Long-term assets 21,915 Total assets 45,400 Based on: 10-K (filing date: 2019-10-11). 10-K (filing date: 2015-10-26). 10-K (filing date: 2017-10-18) Sep 2, 2018 6,055 1,204 1,669 11,040 321 20,289 19,681 860 20,541 40,830 Sep 3, 2017 4,546 1,233 1,432 9,834 272 17,317 18,161 869 19,030 36,347 Costco Wholesale Corp. Consolidated Cash Flow Statement Sep 2, 2018 3,179 1,437 544 (6) (49) (1,313) 1,561 421 669 Sep 3, 2017 2,714 1,370 514 (38) 24 (29) (894) 2,258 807 2,171 322 409 US$ in millions 12 months ended: Sep 1, 2019 Net income including noncontrolling interests 3,704 Depreciation and amortization 1,492 Stock-based compensation 595 Excess tax benefits on stock-based awards Other non-cash operating activities, net 9 Deferred income taxes 147 Merchandise inventories (536) Accounts payable Other operating assets and liabilities, net 623 Changes in operating assets and liabilities Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities 2,652 Net cash provided by operating activities 6,356 Purchases of short-term investments (1,094) Maurities and sales of short-term investments 1,231 Additions to property and equipment (2,998) Other investing activities net Net cash used in investing activities (2,865) Change in bank payments outstanding Repayments of short-term borrowings Proceeds from short-term borrowings Proceeds from issuance of long-term debt Repayments of long-term debt (89) Tax withholdings on stock-based awards (272) Excesstax benefits on stock-based awards Repurchases of common stock (247) Cash dividend payments (1,038) Other financing ativities net (9) Net cash used in financing activities (1,147) Effect of exchange rate changes on cash and cash equivalents (15) Net change in cash and cash equivalents 2,329 Cash and cash equivalents beginning of year 6,055 Cash and cash equivalents end of year 8,384 Based on: 10-K (Filing date: 2019-10-11), 10-K (Filing date: 2016-10-26), 10-K (Filing date: 2017-10-18) 2,595 5,774 (1,060) 1,078 (2,969) 4 (2,947) 80 4,012 6,726 (1,279) 1,385 (2,502) 30 (2,366) (236) 210 298 (86) (217) (328) (689) (41) (1,281) (37) 1,509 4,546 6,055 3,782 (2,200) (202) 38 (469) (3,904) (27) (3,218) 25 1,167 3,379 4,546
