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...
Way back in the year 2004 I first took internet connection thorough my residential land line phone. The download speed was too slow, the service was costly and disruptive but still I was delighted with the thought that I am connected with all over the world. I use to imagine sometime I may come across some Eskimo while chatting; would ask how the life is for him there and what he thinks about us far away from his icy world! Unfortunately that never happened though I met many unknowns online and sometime some long forgotten known. Really it is amazing; meeting one or his son or daughter after 20,30 or even more years whom I knew before decades and have impressions of them. In fact I can not remember which year I came to know about Orkut. One Sidhartha Banerjee wrote an article in my favorite news paper The Statesman. Google was offering to open gmail and orkut account on introduction; I logged in, mailed to the writer whose email address was given in that article. With his introductio...