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...
An article in my another blog "BUGULE" earned a lot of comments with criticisms. In fact the recent hue and cry raised over the GORKHALAND issues, inspired me to search the history of Gorkhas in India, particularly in West Bengal, Darjeeling and its adjoining areas. So the article is the result. The Gorkhas whom, at least, I never felt ( and I know there are many like me)alien, all of a sudden became hostile, specially who were tourists and travelers received their wrath and suffered. It is a stupid action for any one to agitate pressing for any demand that makes the tourists to suffer ,in their place. The very economy of the locals depend upon what tourism. It is the tourists help many hearth burning there. However, the comments the article received merits worth reading. Hope that will impart you some deep understanding about their contribution and standing.
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