The following data (in millions) were taken from the financial statements of Costco Wholesale Corporation:

a. For Costco, determine the amount of change in millions and the percent of change (round to one decimal place) from the prior year to the recent year for:
1. Revenue
2. Operating expenses
3. Operating income
b. Comment on the results of your horizontal analysis in part (a).
c. Based upon Exercise 2-23, compare and comment on the operating results of Target and Costco for the recent year.

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Recent Year 116,199 112,575 $3,624 Prior Year 112,640 Revenue Operating expenses Operating income 109,420 3,220