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Showing posts from June, 2008

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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MULTIPLE CREDIT CARDS HELPS

Inflations is eating away much of your monthly salary check. All the bills, like grocery, garments, launderer`s, conveyance and every other thing are north bound. Every other day they are going high. For you and me, the earning remains same, for many like us there is no scope to increase it . The pensioners, the elderly people who runs on meager pension and interest on their fixed deposit with banks are suffering the most. No immediate sigh is visible for restoration of price stability. Though the economists are forecasting that in the next year, provided the monsoon is good, the inflation is likely to be controlled. Let us hope so. By this time let us see how with multiple credit cards you can meet the cash crunch. Off course, for that there should not be any interest burden. Most of the credit cards companies offer the balance transfer facilities from other credit cards these days. Having multiple credit cards and using them wisely may help you to meet sudden expenditure and enjoy ...
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The Alternative Fuel

As if it is a natural judgment! The industrial revolution, that started way back in late eighteenth or early ninetieth century and delivered a hordes of inventions to mankind for better living, have been exploiting the nature all along. See; the steam engine could initially not run without the fire woods, later coal. With the invention of automobile, exploitation of nature further increased by way of fossil oil pumping out of underground. Gradually the whole world has become dependent onfuel so much so, that without it the world is not even imaginable! The usage of burning woods and coal found exit to some extent because of electricity. But again for power generation, if not a hydel power generation system, then again to generate electricity fossil fuel or coal is needed. Off late, solar power or wind power generation system is gaining popularity with many countries where nature permits them. In India, wind power is being generated along it`s southern coastal provinces by a corporate. ...
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GOLD IS FOR EVER

Inflation is that when too much of money chases too little of things. The gap between demand and supply increases thus causes inflation. During inflation, what happens, you find the price is ever rising with no immediate sign of halt. It may continue for years some time. The flood, draught, or other natural calamities may act as an additive. These days, in the era of globalization it is practically impossible to insulate oneself (read here any country or nation) against global trend. Be it inflation or recession or deflation; when a major economy is struck by any one of them, it has to infect many other countries, whoever has trading relations with them. This is having a cascading affect as those countries would infect in turn others who are in dealings with them. So the chain continues. As this is evident at present, the fuel price hike by OPEC countries has affected developed, developing and poor countries simultaneously. This has triggered the food crisis surreptitiously. Strange is...
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