• Calculate two ratios (Return on assets (ROA) and return on equity (ROE). Using Appendix A from Week 1, (ATTACHED) calculate the ratios for Costco for the two most recent years available in the financial statements.

make a table within your discussion post that includes the following information:

• the financial data used to calculate each ratio in the 2 years for your chosen company
• the last 2 years (clearly labeled)
• the calculations and the concluded ratio
  • Need help making a table? Review the How So I Insert a Table Using the New Rich Content Editor as a Student?Links to an external site.
• Explain what your two ratios measure.

Net loss (income) attributable to nonc Net income attributable to Costco Wr $ Weighted average shares outstandin Weighted average shares outstandin Year end shares outstanding Net income (loss) per common share $ Net income (loss) per common share $ Cash dividends declared per commoi $ Number of full time employees $ (71,000) 6,292,000 $ 5,844,000 443,854 443,651 444,452 444,757 442,793 442,664 14.18 $ 13.17 14.16 13.14 3.84 $ 3.38 316000 Total number of employees 304000 Number of common stockholders 10331 10279 Foreign currency translation adjustm 24000 -721000 Balance Sheet Exchange rate used is that of the Year End reported date As Reported Annual Balance Sheet Report Date Currency Audit Status 09/03/2023 USD Not Qualified Consolidated Scale Yes Thousands Cash & cash equivalents $ 13,700,000 08/28/2022 USD Not Qualified Yes Thousands 10,203,000 Short-term investments $ 1,534,000 $ 846,000 Receivables, net $ 2,285,000 $ 2,241,000 Merchandise inventories - U.S. $ 12,153,000 $ 13,160,000 Merchandise inventories - Canada $ 1,579,000 $ 1,966,000 Merchandise inventories - other inter $ 2,919,000 $ 2,781,000 Merchandise inventories $ 16,651,000 $ 17,907,000 Other current assets $ 1,709,000 $ 1,499,000 Total current assets $ 35,879,000 $ 32,696,000 Land $ 8,590,000 $ 7,955,000 Buildings & improvements $ 22,001,000 $ 20,120,000 Equipment & fixtures $ 11,512,000 $ 10,275,000 Construction in progress $ 1,266,000 $ 1,582,000 Property & equipment, gross $ 43,369,000 $ 39,932,000 Less accumulated depreciation & am $ 16,685,000 $ 15,286,000 Property & equipment, net $ 26,684,000 $ 24,646,000 Operating lease right-of-use assets $ 2,713,000 $ 2,774,000 Other long-term assets $ 3,718,000 $ 4,050,000 Total assets $ 68,994,000 $ 64,166,000 Accounts payable $ 17,483,000 $ 17,848,000 Current portion long-term debt $ 1,081,000 73,000 Accrued salaries & benefits $ 4,278,000 $ 4,381,000 Accrued member rewards $ 2,150,000 $ 1,911,000 Deferred membership fees $ 5,905,000 $ 2,174,000 Deferred sales $ 2,337,000 Other current liabilities $ 6,254,000 $ 5,611,000