The following data $($in millions$)$ were

taken from the financial statements

of Costco Wholesale Corporation:

Details

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:

Revenue

Operating expenses

Operating income

b$.$ Comment on the results of your horizontal analysis in part $($a$).$

c$.$ Based upon Exercise $2-23,$ compare and comment on the operating results of

Target and Costco for the recent year.