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...
Some time, in idle hours, it crosses my mind, had Mr. Md Ali Jinnah, the founder of Pakistan, been a Hindu, then the post independence history of India must have been quite different. Such thought crossing my mind is not totally baseless. It was Jinnah’s grandfather who embraced Islam. Ironically, Gandhi and Jinnah both originally belonged to the same caste; Guajarati Baniah! It was truly tryst with destiny, as Pt. Nehru use to say while referring Indian freedom. Had Jinnah continued to be a Hindu, the very Pakistan would have been with in India. Off course till this 20 ::20 matches take off, we would have missed all these cricketers on the same field for quite some time. However, lots of other misery, like partisan, then couple of wars, between two cousins ( or brothers !) could be avoided. And to the envy of the developed world , India would have excelled long ago economically.
All these I write, because as I use to think such change in the course of history, and happenings thereafter; in fact I find a great protagonist of indulgence in such thoughts. The personality is no less than a Nobel laureate, her name is Doris Lessing. Who describes her Nobel as great disaster since it robs her time to write. Interviews, felicitations all that captured her life there after caused her agony. The lady is 88 years old. She earned her Nobel for literary contributions. Her latest book “Alfred & Emily” is a master piece. Named after her parents, whom she was born to, in 1919, in Persia now in Iran. Just after world war I, narrates in this novel, had the war not taken place, how the world would have been for her and for others. The first part of the novel is imaginary in that line and the second part what actually happened with Alfred & Emily, her parents, and off course to her.
Really, think in her line; we all get blown in the wind of imagination and reach to a different world. Perhaps free from war, terrorism, suppression, mayhem et al.
All these I write, because as I use to think such change in the course of history, and happenings thereafter; in fact I find a great protagonist of indulgence in such thoughts. The personality is no less than a Nobel laureate, her name is Doris Lessing. Who describes her Nobel as great disaster since it robs her time to write. Interviews, felicitations all that captured her life there after caused her agony. The lady is 88 years old. She earned her Nobel for literary contributions. Her latest book “Alfred & Emily” is a master piece. Named after her parents, whom she was born to, in 1919, in Persia now in Iran. Just after world war I, narrates in this novel, had the war not taken place, how the world would have been for her and for others. The first part of the novel is imaginary in that line and the second part what actually happened with Alfred & Emily, her parents, and off course to her.
Really, think in her line; we all get blown in the wind of imagination and reach to a different world. Perhaps free from war, terrorism, suppression, mayhem et al.
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