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The table above comparing Costco and Target financials is similar to one given in the course material. List at least three key differences between Costco
The table above comparing Costco and Target financials is similar to one given in the course material. List at least three key differences between Costco and Target in the table and describe how they reflect Costco's pursuit of a two-part pricing strategy. Describe how the differences are reflected in Costco's business strategy.Costco (September 2020) Target (February 2020) Revenue (sales) 163.2 77.1 Revenue (fees) 3.5 0 Cost of goods sold 144.9 54.9 Gross profit 18.2 22.2 Gross profit margin 11.2% 28.8% SG&A expense 16.3 16.2 Total net income 4.0 3.2 In bilionsComplete Answer: List three or more differences and explain WHY those differences exist. Fees for Costco and none for Target Revenue twice as much for Costco Lower gross profit for Costco Cost of goods sold almost three times as much for Costco Differences in operating strategies are reflected throughout: i.e. SG&A the same even though more sales for Costco Describe Two-Part Price Strategy Standard Model Costco in Practice
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