Answer:
Costco's fiscal year ends in August, not October.
1. What were Costco's revenues for fiscal year 2015?
2. By what percentage did revenues grow from the prior year?
- (2015 revenue - 2014 revenue) / 2014 revenue = ($133,666 - $110,212) / $110,212 = 21.28%
3. What was Costco's operating income for the fiscal year?
4. What was Costco's average tax rate for the year?
- total income taxes / income before income taxes = $1,195 / $3,604 = 33.16%
5. What were Costco's diluted earnings per share in fiscal year 2015?
6. What number of shares is this EPS based on?
7. What were Costco's revenues for fiscal year 2015?
- Costco's revenues for fiscal year 2015 was <u>$113,666</u> million. (Round to the nearest million.)
8. By what percentage did revenues grow from the prior year?
The percentage the revenues grew from the prior year is <u>21.28%</u>. (Round to two decimal places.)
9. What was Costco's operating income for the fiscal year?
Costco's operating income for 2015 was <u>$3,624</u> million. (Round to the nearest million.)
10. What was Costco's average tax rate for the year? <u>33.16%</u>
Explanation:
On the SEC's website you can find information about all publicly traded corporations, including financial statements and other relevant information.
