Question: Costco is the third largest retail company in the United

Costco is the third largest retail company in the United States with sales of nearly $90 billion. The company’s balance sheet on August 28, 2011, had total assets of $26,271 million and stockholders’ equity of $12,002 million.
1. Compute Costco’s total liabilities on August 28, 2011.
2. As of August 28, 2011, Costco had issued 434,266,000 shares of common stock with a par value of $.005 per share. Compute the balance in the account, Common Stock, Par Value on Costco’s balance sheet.


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  • CreatedFebruary 20, 2015
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