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DOW2 Online teachex + ssignment/takeAssignmentMain doinvoker=&takeAssignmentSessionLocator&inprogress=false The Criminal Justice... eBook Calculator Print Item Horizontal Analysis of...


DOW2 Online teachex + ssignment/takeAssignmentMain doinvoker=&takeAssignmentSessionLocator&inprogress=false The Criminal Just
DOW2 Online teachex + ssignment/takeAssignmentMain doinvoker=&takeAssignmentSessionLocator&inprogress=false The Criminal Justice... eBook Calculator Print Item Horizontal Analysis of Income Statement The following data (in millions) were taken from the financial statements of Costco Wholesale Corporation: Recent Year Prior Year Revenue $116,199 $112,640 Operating expenses 112,575 109,420 Operating income $ 3,624 $ 3,220 a. For Costco, determine the amount of change in millions and the percent of change (round to one decimal place) from the prior to the recent year for: 1. Revenue 2. Operating expenses 3. Operating income Amount of Change Percent of Change Increase or Decrease (in millions) (round to 1 decimal place) 1. Revenue 2. Operating expenses 96 3. Operating income 96 b. During the recent year, c. The operating results of Target Corporation for the recent year are provided below. Amount of Change Percent of Change in millions) Increase on Decrease 06 NYB-LIB-L37
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Particulars Amount of change in millions($) Percentage of change Increase or decrease
Revenue (116199-112640) = 3559 (3559/112640)x100 = 3.2% Increase
Operating expenses (112575-109420) = 3155 (3155/109420) x 100 = 2.9% Increase
Operating Income (3624-3220) = 404 (404/3220) x 100 = 12.5% Increase
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