QUESTION 8 Partially correct Mark 3.89 out of 5.00 Flag question Analysis and Interpretation of Liquidity and Solvency Balance sheets and income statements for Costco Wholesale Corporation follow. Costco Wholesale Corporation Consolidated Statements of Earnings August 28, 2016 August 30, 2015 August 31, 2014 For Fiscal Years Ended ($ millions) Revenue $110,212 2,428 112,640 Net Sales $116,073 2,646 118,719 $113,666 2,533 116,199 Membership fees Total revenue Operating expenses Merchandise costs Selling, general and administrative Preopening expenses 102,901 12,068 78 3,672 101,065 11,445 65 3,624 98,458 10,899 63 3,220 Operating Income Other income (expense) (133) 80 3,619 1,243 (124) 104 3,604 1,195 (113) 90 3,197 1,109 Interest expense Interest income and other, net Income before income taxes Provision for income taxes Net income including noncontrolling interests 2,376 2,409 2,088 Net income attributable to noncontrolling interests (26) (32) (30) $2,350 $2,377 $2,058 Net income attributable to Costco