For this Week 1 journal, identify and contact a person you wish to interview who will serve as your “client” in the hypothetical role you will assume as a financial planner. Submit a brief summary of your client with the following information, and explain why you selected them as a client: Name
Age
Employment status
City they reside in
Your client should be someone who has sufficient financial assets and/or liabilities to give you enough material to work with for purposes of the assignments. This will allow you to conduct a thorough financial analysis and provide meaningful guidance and recommendations.

Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u.s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.