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...
Someone mailed me a poem, it is so assuring, I thought to share with you. In fact, gone are the days, full of leisurely hours, when we could visit a pub regularly or a point where friends met. The modern times ( having been drifted further from the way Chaplin portrayed in his famous film)hardly spare us to meet and seek assurance or share our joy and sorrow. Now, read the poem, I hope it is reassuring :
You are never alone, I am always near,
When your troubled, down or blue.
All you have to do is call me,
I am always here for you.
It does not matter where I am at,
It does not matter when.
When you need someone to talk to,
I am here to be your friend.
If you need someone to hold your hand,
or a hug to say I care.
If you need a shoulder to cry on,
for you I will be there.
So never think you are a burden,
when the weight gets to be to much.
You might find if look hard enough,
a good friend could be the right touch.
You are never alone, I am always here,
through the good times and the bad.
I am always here to be your friend,
I do not like to see you sad.
You are never alone, I am always near,
When your troubled, down or blue.
All you have to do is call me,
I am always here for you.
It does not matter where I am at,
It does not matter when.
When you need someone to talk to,
I am here to be your friend.
If you need someone to hold your hand,
or a hug to say I care.
If you need a shoulder to cry on,
for you I will be there.
So never think you are a burden,
when the weight gets to be to much.
You might find if look hard enough,
a good friend could be the right touch.
You are never alone, I am always here,
through the good times and the bad.
I am always here to be your friend,
I do not like to see you sad.
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