Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

submit a horizontal financial statement of your company over the past 5 years REVENUE Total revenue $226,954$195,929$166,761$152,703$141,576 OPERATING EXPENSES Merchandise costs Selling. general and administrative

submit a horizontal financial statement of your company over the past 5 years
image text in transcribed
image text in transcribed
image text in transcribed
REVENUE Total revenue $226,954$195,929$166,761$152,703$141,576 OPERATING EXPENSES Merchandise costs Selling. general and administrative Operating Income OTHER INUCONME (EXPENSE) interest expense. Interest income and other, net. INCONE BEFORE INCOME.TAXES Provision for income takes Netincome including noncontrolling interests Net income attributable to noncontrolling interests NET INCOME ATTRIBUTABLETO COSTCO \begin{tabular}{rrrrr} 199,382 & 170,684 & 144,939 & 132,886 & 123,152 \\ 19,779 & 18,537 & 16,387 & 14,994 & 13,876 \\ 7,793 & 6,708 & 5,435 & 86 & 68 \\ & & & 4,737 & 4,480 \\ (158) & (171) & (160) & (150) & (159) \\ \hline 205 & 143 & 92 & 178 & 121 \\ 7,840 & 6,680 & 5,367 & 4,765 & 4,442 \\ 1,925 & 1,601 & 1,308 & 1,061 & 1,263 \\ 5,915 & 5,079 & 4,059 & 3,704 & 3,179 \\ (71) & (72) & (57) & (45) & (45) \\ $5,844 & $5,007 & $4,002 & $3,659 & $3,134 \end{tabular} NET INCOME PER COMMON SHARE ATTRIBUTABUE TO COSTCO: Basic (in dollars per share) Diluted (in dollars per share) Shares used in calculation (000's) Basic (shares) Diluted (shares) Net sales REVENNUE Total revenue $222,730$192,052$163,220$149,351$138,434 Membership fees REVERUE Total revenue $4,224$3,877$3,541$3,352$3,142 CURRENT ASSETS Cash and casti equavalents Short-tern imvelments Receivables, net Merchandese inventories Dother current assets Total current assets OTHER ASSETS Property and Equipment, netl Operation lease right-of ase assets Other long-term assets Totial assets CURRENT LIABILITIES Accounts paryable Accrued salariess and benefits Accrued member rewards Dofened membership fees Current portion of long-term debt Other current liabilitie- Total current liabilitios OTHER LAABIUTIES Lore-tern debt, exiladiris catrent portion Long term operating lease liabilities Other lored ferm liabilities Totiel liabilities EQuity Preferred stock S. 005 par value; 100,000,000 shares authorard, no shares iswed and outstandingt Comunon Stock 5. (00s par value; 100,000,000 shares authorined, 442,664,000 and 441,825,0000 shares issued and outstandingt Adidtional paid in capital Accumathated of cer camprehiersive loss Total Gomico istecklyulders' equity Nowicontrollinh interests Horizontal Financial Statement Analysis Horizontal analysis compares a component of the company's financial statement against the same component over time. Typically, company performance is compared on a year-over-year basis using either percentage change or dollar change (or both). For example, if a company's sales in 2020 were $100M and in 2021 were $110M horizontal analysis would indicate that the company's sales grew by $10M or 10%. REVENUE Total revenue $226,954$195,929$166,761$152,703$141,576 OPERATING EXPENSES Merchandise costs Selling. general and administrative Operating Income OTHER INUCONME (EXPENSE) interest expense. Interest income and other, net. INCONE BEFORE INCOME.TAXES Provision for income takes Netincome including noncontrolling interests Net income attributable to noncontrolling interests NET INCOME ATTRIBUTABLETO COSTCO \begin{tabular}{rrrrr} 199,382 & 170,684 & 144,939 & 132,886 & 123,152 \\ 19,779 & 18,537 & 16,387 & 14,994 & 13,876 \\ 7,793 & 6,708 & 5,435 & 86 & 68 \\ & & & 4,737 & 4,480 \\ (158) & (171) & (160) & (150) & (159) \\ \hline 205 & 143 & 92 & 178 & 121 \\ 7,840 & 6,680 & 5,367 & 4,765 & 4,442 \\ 1,925 & 1,601 & 1,308 & 1,061 & 1,263 \\ 5,915 & 5,079 & 4,059 & 3,704 & 3,179 \\ (71) & (72) & (57) & (45) & (45) \\ $5,844 & $5,007 & $4,002 & $3,659 & $3,134 \end{tabular} NET INCOME PER COMMON SHARE ATTRIBUTABUE TO COSTCO: Basic (in dollars per share) Diluted (in dollars per share) Shares used in calculation (000's) Basic (shares) Diluted (shares) Net sales REVENNUE Total revenue $222,730$192,052$163,220$149,351$138,434 Membership fees REVERUE Total revenue $4,224$3,877$3,541$3,352$3,142 CURRENT ASSETS Cash and casti equavalents Short-tern imvelments Receivables, net Merchandese inventories Dother current assets Total current assets OTHER ASSETS Property and Equipment, netl Operation lease right-of ase assets Other long-term assets Totial assets CURRENT LIABILITIES Accounts paryable Accrued salariess and benefits Accrued member rewards Dofened membership fees Current portion of long-term debt Other current liabilitie- Total current liabilitios OTHER LAABIUTIES Lore-tern debt, exiladiris catrent portion Long term operating lease liabilities Other lored ferm liabilities Totiel liabilities EQuity Preferred stock S. 005 par value; 100,000,000 shares authorard, no shares iswed and outstandingt Comunon Stock 5. (00s par value; 100,000,000 shares authorined, 442,664,000 and 441,825,0000 shares issued and outstandingt Adidtional paid in capital Accumathated of cer camprehiersive loss Total Gomico istecklyulders' equity Nowicontrollinh interests Horizontal Financial Statement Analysis Horizontal analysis compares a component of the company's financial statement against the same component over time. Typically, company performance is compared on a year-over-year basis using either percentage change or dollar change (or both). For example, if a company's sales in 2020 were $100M and in 2021 were $110M horizontal analysis would indicate that the company's sales grew by $10M or 10%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Security And Auditing Of Smart Devices

Authors: Sajay Rai, Philip Chukwuma, Richard Cozart

1st Edition

0367567997, 978-0367567996

More Books

Students also viewed these Accounting questions

Question

Apply your own composing style to personalize your messages.

Answered: 1 week ago

Question

Format memos and e-mail properly.

Answered: 1 week ago