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...
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. But despite much is yet to be done and there are vast scopes for such generation remains unexploited. The government should offer special benefits to attract more and more players in this field. Same is applicable of solar energy exploitation. Little is done in this regards. In remote areas as in deltas of the province of West Bengal, government agencies put up some small projects to light specially it`s tourist destinations with solar batteries. But that again is too meager to make any dent comparing to the vast source what still remains unexploited.
What is surprising, we all know that the fossil fuel is not going to last forever. The current skyrocketing of crude prices globally is an outcome of such fear that the fossil fuel is going to last not so long as foretold earlier by experts. May be or may not be this is a rumor but anyway this is not going to long, that is sure. Then why there is no major research undertaken to find out an alternative of fossil fuel? US spends trillions of dollars on space research through NASA; but too little for such research. Neither much breakthrough is visible to develop the battery operated automobile. Time and again some news paper reports that some car of such sorts is designed and developed, which are eco-friendly. They are run in city areas, as we find them in our Kolkata ( the one of the most populated metro city in India), plying between short distance. No efforts so far have been made to popularize the use of such vehicle by putting up proper chains of establishments for recharging of batteries all over the country. Even none of major car makers anywhere in the world seemingly taking interest to develop battery operated vehicle. Instead, despite of oil wells being dried up day by day, the major car manufacturers are vying with each other to grab the market share by rolling out new models every other day! This raises question, are their steps not suicidal? No government in the world have asked the car manufacturers to limit their production, knowing fully well that this will dry up the world of its fuel resources much early besides polluting it to the dangerous level.
Much impetus should be given to find out some kind of alternative of fossil fuel. Many say the future fuel is liquid hydrogen which will replace fossil fuel without replacing the existing auto engine. Developed and developing nations should take up projects to find an early solution to extract hydrogen in a commercially viable way. At the same time in the country like India, where sun light is available plenty almost throughout the year, the solar energy should be exploited maximum. Even law can be enacted in cities for the builders to have solar panel on the roof to generate electricity at the time of constructions of multistoried buildings. Electricity generation by wind mills must be made mandatory, where nature permits that for the industries. Actions such as these taken though late, may arrest the pollution of global environment, warming as well as address to the crisis cropped up due to oil price`s meteoric hike.
What is surprising, we all know that the fossil fuel is not going to last forever. The current skyrocketing of crude prices globally is an outcome of such fear that the fossil fuel is going to last not so long as foretold earlier by experts. May be or may not be this is a rumor but anyway this is not going to long, that is sure. Then why there is no major research undertaken to find out an alternative of fossil fuel? US spends trillions of dollars on space research through NASA; but too little for such research. Neither much breakthrough is visible to develop the battery operated automobile. Time and again some news paper reports that some car of such sorts is designed and developed, which are eco-friendly. They are run in city areas, as we find them in our Kolkata ( the one of the most populated metro city in India), plying between short distance. No efforts so far have been made to popularize the use of such vehicle by putting up proper chains of establishments for recharging of batteries all over the country. Even none of major car makers anywhere in the world seemingly taking interest to develop battery operated vehicle. Instead, despite of oil wells being dried up day by day, the major car manufacturers are vying with each other to grab the market share by rolling out new models every other day! This raises question, are their steps not suicidal? No government in the world have asked the car manufacturers to limit their production, knowing fully well that this will dry up the world of its fuel resources much early besides polluting it to the dangerous level.
Much impetus should be given to find out some kind of alternative of fossil fuel. Many say the future fuel is liquid hydrogen which will replace fossil fuel without replacing the existing auto engine. Developed and developing nations should take up projects to find an early solution to extract hydrogen in a commercially viable way. At the same time in the country like India, where sun light is available plenty almost throughout the year, the solar energy should be exploited maximum. Even law can be enacted in cities for the builders to have solar panel on the roof to generate electricity at the time of constructions of multistoried buildings. Electricity generation by wind mills must be made mandatory, where nature permits that for the industries. Actions such as these taken though late, may arrest the pollution of global environment, warming as well as address to the crisis cropped up due to oil price`s meteoric hike.
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