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...
While making up your mind to buy any consumer durables, better not to go for the product that has come to market lately. Even it is backed by renowned brand name or company of repute. In India, time and again it is observed many companies try off line products (the products which they do not manufacture), and subsequently abandon it, leaving their customers to meet their fate. So happened, when Philips started selling fridge decades ago. It was not a successful venture for them, so they stopped. Imagine the plight of those who bought their fridges being wooed by Philips brand name! With Indian consumer protection laws being elusive, the gullible consumers are treated like guinea pigs practically. My recent experience with kitchen chimney manufactured by Bajaj Electrical Products is equally bitter. From their web site it appears that they too have abandon their chimney venture. It was in the month of March I bought their kitchen chimney from one of the Kolkata’s most reliable show room...