The case study for my financial accounting class is as follows:https://studydaddy.com/attachment/58237/0iwd8kjnc4.pdfFrom this case study, I need to:Discuss:1. Analyze Costco’s Income Statement and Balance Sheet. Discuss any trends that emerged from 1997 to 2001 (see Exhibits 5 and 9).2. Analyze Costco’s financial ratios. Assess the company’s financial performance in regards to its profitability and financial risk (see Exhibits 10 and 11).3. Briefly compare Costco’s financial statements with the main competitor’s financial statements (see Exhibits 6, 7, 8, and 11). What are Costco’s strengths and weaknesses compared to the competition?4. Based on your analysis, provide a forecast for the company’s financial performance in the upcoming five years (in very broad terms). Focus on the company’s future profitability and potential future financial risks.Your response to the discussion questions must be posted by Day 5, 11:59pm. Respond to at least two fellow students by Day 7, 11:59pm.