Costco Wholesale saw a $4.5 million or 1.2% increase in revenue from the prior year to the recent year. Operating expenses increased $3.1 million or 1.0% while operating income increased $1.4 million or 1.5% over the same period. Target Corporation's operating results for the recent year are also provided but not analyzed.

1. Horizontal Analysis of income Statement The following data (in millions) were taken from the
financial statements of costco Wholesale corporntions a. ror 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. Duing the recent
year, c. The operatino resinlts of Target corocmition for the recent year are provided below.