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
Gold touches the new high in Global Market. In fact International Monetary Fund is in need of dollar to lend to some countries to bail out them from crises. So they put around 400 tons of Gold on sale; India bought around 200 tons of gold from IMF with its bulging dollar holdings. This has an impact to offset the dollar price in India. The expectation of other countries especially China may follow India’s suit pushed the price of gold to new high. An ounce of gold sold at a price of $1094.4 in world gold market. Other feels as the major investing funds are expecting a plunge in stock price so they are diverting their investment to gold as a safe heaven. So gold is having more sheen now!