Print Item Horizontal Analysis of Income Statement The following data (in millions) were taken from the financial statements of Costco Wholesale Corporation: Revenue Operating expenses Operating income Recent Year Prior Year $731,727 $661,000 692,271 635,000 $39,456 $26,000 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: 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 3. Operating income % % b. During the recent year, c. The operating results of Target Corporation for the recent year are provided below. Check My Work Previous Next