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Comparison between two retail companies picked are Walmart and Costco

The two retail companies picked are Walmart and Costco whose 2017 Financial statement links are provided below: WALMART https://www.nasdaq.com/symbol/ wmt/financials?query=income- statement COSTCO https://www.nasdaq.com/symbol/ cost/financials?query=income- statement Both organizations are well known brands and position themselves well with their customer base. Walmart’s value proposition is “We save people money so they can live better”. On the other hand, Costco’s value proposition is “All-in-one convenience and everyday affordability”. Both retailers focus on cost saving for their customers. Looking at their financial statements and by analyzing them a few key areas are evident when comparing the two organization. Looking at the current ratio and quick ratio we can determine the short-term solvency of each organization. The current ratio can be determined by dividing the assets by the liabilities. Walmart’s current ratio sits at 0.86 while Costco’s sits at 0.99. The quick ratio is c...
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A JOKE

A lady was on a plane, arriving from Switzerland. She found herself seated next to a nice priest.

She asked him, " Excuse me Father, could I ask you a favor ? "

 The priest replied, " Of course my child. What can I do for you ? "

I have a small problem and wonder whether you could help. I bought myself a new sophisticated women's hair remover gadget, for which I paid an enormous sum of money. I have really gone over the cutoms duty declaration limits. As I do not have enough money to pay duty, I am worried that they will confiscate it at customs. Do you think you could hide it under your cassock ? "

 The priest replied, " Of course I could, my child. But, you must realize that being a priest, I can not lie ! "

 The lady said, " You have such an honest face Father. I am sure they will not ask you any questions "

So, she gave him the ' Hair remover ' gadget, which the priest put under his cassock. The aircraft arrived at its destination. The priest presented himself to one of the customs officers.

 He asked the priest, " Father, do you have anything to declare ? "

The priest replied truthfully, " Son . . . . from the top of my head to my sash, I have nothing to declare "

 Finding this reply strange, the customs officer asked, " And from the sash down father, what do you have ? "

 Again the priest replied truthfully, " Son . . . . I have there a marvelous little instrument destined for use by women, but . . . . which has never been used ! "

 Breaking out in laughter, the customs officer said, " Go ahead Father. Next person please . . . !!! "
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Comparison between two retail companies picked are Walmart and Costco

The two retail companies picked are Walmart and Costco whose 2017 Financial statement links are provided below: WALMART https://www.nasdaq.com/symbol/ wmt/financials?query=income- statement COSTCO https://www.nasdaq.com/symbol/ cost/financials?query=income- statement Both organizations are well known brands and position themselves well with their customer base. Walmart’s value proposition is “We save people money so they can live better”. On the other hand, Costco’s value proposition is “All-in-one convenience and everyday affordability”. Both retailers focus on cost saving for their customers. Looking at their financial statements and by analyzing them a few key areas are evident when comparing the two organization. Looking at the current ratio and quick ratio we can determine the short-term solvency of each organization. The current ratio can be determined by dividing the assets by the liabilities. Walmart’s current ratio sits at 0.86 while Costco’s sits at 0.99. The quick ratio is c...
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