To introduce the students to the uses of accounting and financial information 2. Assignment a. Obtain the 2017 annual report for Costco Wholesale Corporation. Please make sure that you retrieve the correct year and use the correct Form 10-K. You can use the check figures below to make sure that you have the correct annual report. Costco Wholesale Corporation 2017 Annual Report Balance Sheet as of September 3, 2017 -Total Assets: $36,347 Balance Sheet As of August 28, 2016 -Total Assets: $33, 163 b. Calculate the following ratios for 2017 and the prior year: Return on Assets Debt Ratio Profit Margin Current Ratio Inventory Turnover Ratio You need to use Excel for this portion and enter your answers in a table, clearly indicating the ration and year being calculated. Use the following format: 1 /3 View a ch To introduce the students to the uses of accounting and financial information 2. Assignment a. Obtain the 2017 annual report for Costco Wholesale Corporation. Please make sure that you retrieve the correct year and use the correct Form 10-K. You can use the check figures below to make sure that you have the correct annual report. Costco Wholesale Corporation 2017 Annual Report Balance Sheet as of September 3, 2017 -Total Assets: $36,347 Balance Sheet As of August 28, 2016 -Total Assets: $33, 163 b. Calculate the following ratios for 2017 and the prior year: Return on Assets Debt Ratio Profit Margin Current Ratio Inventory Turnover Ratio You need to use Excel for this portion and enter your answers in a table, clearly indicating the ration and year being calculated. Use the following format: 1 /3 View a ch