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...
Here goes a joke, that I received just a short while ago from my friend Arun; I think I share it with my readers;
An Officer stops a driver for running a red light.
The guy is a real jerk and comes running back to the officer, demanding to know why he is being harassed by the Gestapo!
So the officer calmly tells him of the red light violation..
The driver instantly goes on a tirade, questioning the officer's ancestry, sexual orientation, etc., in rather explicit terms.
The tirade goes on without the officer saying anything.
When he gets done with writing the ticket, he puts an "AH" in the lower right corner of the narrative portion of the ticket.
He then hands it to the "Violator" for his signature.
The guy signs the ticket angrily, and when presented with his copy points to the "AH" and demands to know what it stands for.
The Mountie says, "That's so when we go to court, I'll remember that you're an Ass..ole!"
Two months later they're in court.
The "Violator" has such a bad driving record he is about to lose his licence and has hired a top attorney to represent him.
On the stand the officer testifies to seeing the man run the red light.
Under cross examination the defense attorney asks; "Officer is this a reasonable facsimile of the ticket you issued my client?"
Officer responds, "Yes sir, that is the defendants copy, his signature and mine, same number at the top."
Lawyer: "Officer, is there any particular marking or notation on this ticket you don't normally make?"
Officer: "Yes sir, in the lower right corner of the narrative there is an "AH," underlined."
Lawyer: "What does the "AH" stand for, officer?"
Officer: "Aggressive and Hostile, Sir."
Lawyer: "Aggressive and Hostile?"
Officer: "Yes Sir!"
Lawyer: "Officer, Are you sure it doesn't stand for 'As..hole'?"
Officer: "Well Sir, you know your client better than I do!"
An Officer stops a driver for running a red light.
The guy is a real jerk and comes running back to the officer, demanding to know why he is being harassed by the Gestapo!
So the officer calmly tells him of the red light violation..
The driver instantly goes on a tirade, questioning the officer's ancestry, sexual orientation, etc., in rather explicit terms.
The tirade goes on without the officer saying anything.
When he gets done with writing the ticket, he puts an "AH" in the lower right corner of the narrative portion of the ticket.
He then hands it to the "Violator" for his signature.
The guy signs the ticket angrily, and when presented with his copy points to the "AH" and demands to know what it stands for.
The Mountie says, "That's so when we go to court, I'll remember that you're an Ass..ole!"
Two months later they're in court.
The "Violator" has such a bad driving record he is about to lose his licence and has hired a top attorney to represent him.
On the stand the officer testifies to seeing the man run the red light.
Under cross examination the defense attorney asks; "Officer is this a reasonable facsimile of the ticket you issued my client?"
Officer responds, "Yes sir, that is the defendants copy, his signature and mine, same number at the top."
Lawyer: "Officer, is there any particular marking or notation on this ticket you don't normally make?"
Officer: "Yes sir, in the lower right corner of the narrative there is an "AH," underlined."
Lawyer: "What does the "AH" stand for, officer?"
Officer: "Aggressive and Hostile, Sir."
Lawyer: "Aggressive and Hostile?"
Officer: "Yes Sir!"
Lawyer: "Officer, Are you sure it doesn't stand for 'As..hole'?"
Officer: "Well Sir, you know your client better than I do!"
Comments