k ces Visit www.sec.gov/edgar and search for the Costco annual report (10-K) for the year ended...
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k ces Visit www.sec.gov/edgar and search for the Costco annual report (10-K) for the year ended September 1, 2019, using EDGAR (Electronic Data Gathering, Analysis, and Retrieval system). Required: Locate the "Consolidated Balance Sheets" and answer the following questions: 1. What is the amount of total assets for the most recent year? 2. What is the amount of total liabilities for the most recent year? 3. What is the amount of total equity for the most recent year? 4. Do total assets minus total liabilities equal total equity for the most recent year? 5. Calculate total non-current assets for the most recent year. 6. Did Costco's long-term debt increase or decrease from the prior year and by how much? 7. Did Costco's retained earnings balance increase or decrease from the prior year and by how much? Note: For all requirements, enter your answers in millions. 1. Total assets 2. Total liabilities 3. Total equity 4. Do total assets minus total liabilities equal total equity? 5. Total non-current assets 6. Costco's long-term debt 7. Costco's retained earnings $ $ $ Yes $ increased increased 45,400 million 29,816 million 15,584 million 21,915 million over the previous year by over the previous year by $ million 2,371 million k ces Visit www.sec.gov/edgar and search for the Costco annual report (10-K) for the year ended September 1, 2019, using EDGAR (Electronic Data Gathering, Analysis, and Retrieval system). Required: Locate the "Consolidated Balance Sheets" and answer the following questions: 1. What is the amount of total assets for the most recent year? 2. What is the amount of total liabilities for the most recent year? 3. What is the amount of total equity for the most recent year? 4. Do total assets minus total liabilities equal total equity for the most recent year? 5. Calculate total non-current assets for the most recent year. 6. Did Costco's long-term debt increase or decrease from the prior year and by how much? 7. Did Costco's retained earnings balance increase or decrease from the prior year and by how much? Note: For all requirements, enter your answers in millions. 1. Total assets 2. Total liabilities 3. Total equity 4. Do total assets minus total liabilities equal total equity? 5. Total non-current assets 6. Costco's long-term debt 7. Costco's retained earnings $ $ $ Yes $ increased increased 45,400 million 29,816 million 15,584 million 21,915 million over the previous year by over the previous year by $ million 2,371 million
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Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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