Contemporary Business 14th Edition by Louis Boone, David Kurtz

Exercise 7

Capital structure. Go to the Web site listed here to access recent financial statements for the retailer Costco. Click on "balance sheet." What is the firm's current capital structure (the breakdown between debt and equity)? Has it changed significantly over the past five years? Why would a firm such as Costco choose to become more or less levered?
http://moneycentral.msn.com/investor/invsub/results/statemnt.aspx?symbol=cost