Use the company you chose in Week three (Costco), along with a comparable company within the same industry (Sams Club or Wal-Mart). Ratios should be calculated using the two most recent completed years. Make sure to include a link to the financial statements you are using.

Investors and lenders who read financial statements must determine the age, composition, and productivity of operating assets.

Required

For each company, determine:

(Replicate the five steps in the Ratio Analysis Model to perform the analysis.)

1. Formulate the Question
2. Gather the Information from the Financial Statements
3. Calculate the Ratio
4. Compare the Ratio with Other Ratios
5. Interpret the Ratios