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...
Indian economy appears to be elusive; the stock market is bullish so the consumer market and all other. It is incomprehensible how the poorest of the poor Indians manage to survive with the skyrocketed prices of all most everything; from potato to pea-nuts, salt to sugar and egg to meat! The prices of many vegetables, edible oils, cereals, grams have broken all time records. But surprisingly there is no much furor over this. Is it only the middle class who are affected by this price rise? Are the people living below poverty line (they may constitute more than 60% actually despite of any official figures) being adequately supplied with subsidized food stuffs? Keeping Indian standard of distribution system through the mechanism available with various states in mind, you can be rest assured that it has never happened. What might have happened; the plight of the poor is not highlighted either by media or any political party for the reason best known to them. Their voices are maimed in mos...