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Comparison between two retail companies picked are Walmart and Costco

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...

5th hike in Petrol price during past Six months!!!

Latest petrol price hike is the fifth price rise in past six months since government deregulated petrol price from its control. The total hike in past six months is around Rs 8.50/- and the petroleum ministry predicts further rise in future as the crude price in global market is on the rise. Since long the oil refineries were claiming deregulation of fuel price to cut down their losses. At last government gave in for petrol but diesel price is still under government control. So are kerosene and LPG as they directly impact the vote bank. But is it really so? Though the majority is not touched by the rise of petrol price directly but there are always indirect effects. So, any rise in fuel price fuels inflation. Hiking petrol price affects only middle class budget keep everyone else happy. Because government, in central or states garner more in terms of taxes. Let us see the approximate break ups of petrol price when it is Rs58.90 per liter. It is assumed that ex-refinery petrol price is ...

A trip to TAKI, West Bengal , India

                                   As Bangldesh looks on the bank of Ichamoti, from TAKI, West Bengal. Take a closed look, a cattle corpse i s floating on the river bed, near the Bangladeshi bank. Victim of transborder cattle smuggling. I am not sure how young generation would react to the name of yester year’s one of the most popular writer portraying the essence of rural Bengal, its pains and joys, prosperity and poverty and off course the thread of society; Bibhuti Bhusan Bandopadhyay. His simplicity was eminent in is writing; that was best projected by famous film director Satyojit Roy in his internationally acclaimed films like ‘Pother Panchali’, ‘Aparajito’ et el.  At the age of 9, I read ‘Pother Panchali’. Though I was not matured, enough to comprehend its intrinsic message of the content but the very story left a pugmark in my mind. I became more interested about the author later. ...

Take care of your Credit Cards

This is an imaginary disastrous situation with credit card. But there are things to be learnt:: SCENE 1. People sure stay busy trying to cheat us, don't they? A friend went to the local gym and placed his belongings in the locker. After the workout and a shower, he came out, saw the locker open, and thought to himself, 'Funny, I thought I locked the locker. Hmm, 'He dressed and just flipped the wallet to make sure all was in order. Everything looked okay - all cards were in place.. A few weeks later his credit card bill came - a whooping bill of Rs.7,00,000! He called the credit card company and started yelling at them, saying that he did not make the transactions. Customer care personnel verified that there was no Mistake in the system and asked if his card had been stolen. ? 'No,' he said, but then took out his wallet, pulled out the credit card, and yep - you guessed it - a switch had b...

The road to paradise

 

*Poem by an Undiscovered "**Bengali"** Poet**

  Here is poem I received from someone I love; thought why not share it, at least with my Bengali readers.............................hope they will enjoy it. Through the jongole I am went, On shooting Tiger I am bent, Boshtaard Tiger has eaten wife, No doubt I will avenge poor darling's life, Too much quiet, snakes and leeches, But I not fear these sons of beeches, Hearing loud noise I am jumping with start, But noise is coming from damn fool heart, Taking care not to be fright, I am clutching rifle with eye to sight, Should Tiger come I will shoot and fall him down, Then like hero return to native town, Then through trees I am espying one cave, I am telling self - 'Bannerjee be brave.' I am now proceeding with too much care, From far I smell this Tiger's lair, My leg shaking, sweat coming, I start pray, I think I will shoot Tiger some other day, Turning round I am going to flee, But Tiger giving bloody roar spotting Bengalee, He bounding from cave like footbal...

Just think it !!

'Whenever  God Closes One Door He Always Opens Another, Even Though Sometimes It's  Hell in the Hallway.' I would  rather have one rose and a kind word  from a friend  while I'm here  than a whole truck load when I'm gone.    Happiness keeps You Sweet ,   Trials keep You Strong,  Sorrows  keep You Human,  Failures keeps You Humble,    Success keeps You Glowing,  But Only   God keeps You Going

Think, if this is how a Government rules!!

Once upon a time the government with Ruling Party XYZ.. had a vast scrap yard in the middle of a desert. Ruling Party XYZ Said.. - "Someone may steal from it at night." So they created a night watchman position and hired a person for the job. Then Ruling Party XYZ Said.. - "How does the watchman do his job without instruction?" So they created a planning department and hired two people, one person to write the instructions, and one person to do time studies. Then Ruling Party XYZ Said.., - "How will we know the night watchman is doing the tasks correctly?" So they created a Quality Control department and hired two people. One to do the studies and one to write the reports. Then Ruling Party XYZ Said.. , - "How are these people going to get paid?" So they created the following positions, a time keeper, and a payroll officer, then hired two people. Then Ruling Party XYZ Said.., - "Who will be accountable for all of th...

"When you were born".............. a poem

 English translation of urdu poem "Jab Tu Paida Huwa Kitna Majboor  Urdu/Hindi Version Follows ...  When you were born, how helpless you were,  Thoughts of this world were no where near.  Your tiny limbs were still not sound,  You still had not dreamt of the world around.  You would keep on weeping and weeping,  After having ur milk ur only job was sleeping.  It was ur mother who taught u how to walk,  And the one to embrace u when u could not even talk.  Under ur mother's shelter u kept on growing,  And with time ur boat of life kept on rowing.  Slowly n slowly u became young and strong,  Soon the whole world became ur patron.  Of ur stength u were proud all the while,  Adorning urself in ur own style.  One day u were swept away by a pretty maid,  And before her your hand you laid.  Your duties then you had forgotten,  Seeds of hatred you you...

Some achieve greatness!!

Napoleon the III or IV (I forgot); is remembered with his famous quotation. It goes like this " some people are born great, some achieve greatness and some has greatness thrust upon them'; in fact that was he. Hear I mention this for Big 'B' or Amitabh Bachan; though I am not a regular cine watcher; but I find it irresistible when his film releases. Usually I watch them at home; not all those can exploit him fully but some like 'Black' and recently 'Paa'; do it. They just show how one can achieve greatness through his diligence. My kudos to Big 'B'. Hear I am going to show how difficult it was for him to take make-up for 'Paa'. There he played the role of a 13-year old boy Auro, suffering from a rare disorder called progeria. It used to take four hours for make-up and 10% of the total budget of film was spent for his make-up! Eight different types of clay were used for his make up. This was the image 'Auro" w...

BLOGGING

In my earlier article I just tried to guide you how to have your own blog with blogspot, offered by Google. Of course it's free, so anyone can try his or her hands. Not only Google; Yahoo, Hotmail and so many others offer their domain to create your blog free of cost. Different service providers offer different features, keeping basic blogging facilities. Try with them and find how best you can create your blog. You must keep in mind that how your blog looks though carry weight but principally what matters is contents in your blog. What you write should arouse interest in your readers. In fact the contents in any blog attract traffic. That is most important. How?? Well you may be thinking; just creating a blog and writing anything you like is all that you want. But dear , let me tell you a popular blog with considerable traffic can generate good income too. For example look at this blog , it's hardly having any advertisement. Now look for the links given on the right side of...

Have your Own BLOG ; It's Simple

Internet users use the net for various purpose. I am not talking about those use it precisely for professional purposes, like one in Bank, Insurance or hotel or Airline booking services. I am talking of them who use it for surfing, socializing or just for seeking information. Many of them sometime ask me how to own a site or blog. It is so easy if they have a Google account. In fact for a lay man like me could never have so many blogs , had Google did not offer blogspot free domain initially to open one and everyone of us any number of blogs. Well if you still have none, just open your Google account or Gmail box. If you don't have any , just have one. Enter into your Gmail account. On the top of it, left side, there are number options like Orkut, Gmail, calendar, Web , Documents and More. Click into the More option. Sooner you click , a drop down menus hang out. At the bottom of it find "even more"; there your journey ends. Click into it, another site opens, find blo...

The secrets of French women remaining slim!

French men are great lovers and French ladies are rarely fatty, with these facts keeping in mind I searched the secrets! It seems I met the success; here is book review about the diets of French women; hopefully you will agree with me... French women seem to enjoy breads, desserts, and wine, but then don't gain the weight. American women, on the other hand, just think about snacking and magically put on ten pounds. In her bestselling book, French Women Don't Get Fat : The Secret of Eating For Pleasure, Mirelle Guiliano reveals the secrets that French women have at staying healthy and trim. French Women Don't Get Fat begins with the account of the author, Mirelle Guiliano, growing up in France. By a stroke of luck she was sent to America in her teenage years as an exchange student. In America, she was introduced to brownies and cookies - which quickly became favorites. In no time at all, Mirelle put on twenty pounds. When it was time to return home she was a little nerv...

How to control delinquent teens

I often come across parents complaining about their teen aged kids who are unruly. Amongst my colleagues, friends, neighbors; every third parent is complaining about his or her teen aged child going delinquent. What I gather from them find some things common. Either their kids are born quite late after their marriage; both the parents are working or very indulgent. The effects of delinquent children may be varied in nature; some may be addicts, some just wayward or others just not serious about anything in life. They think as they have got everything they wanted from their parents; so life would offer them what they want! Now, they parents find it difficult to convince their ward that the rule of the world is different; it is something like “first deserve and then desire” as because they have never bothered to educate their kids that way for their own comforts. So the outcome is problem child. These days the common complaints are, kids are glued to their cellular phones, or chat sites ...

Hair Loss; the reason and how to control

Regardless of your age, you need to be concerned about your hair. The appearance and quantity of hair that you have is a reflection of your internal health. You can use natural hair loss remedies to save your hair. Of course, when you are young you have plenty of hair. But, there are even some of you at an early age, twenties, start to lose your hair. The appearance and quantity of hair that you have is a reflection of your internal health. Aside from a having a serious illness, your hair loss is affected by scalp cleanliness, stress, diet, and excess DHT. Knowing this, you can check out many hair loss remedies available to you. Scalp cleanliness If you have dandruff, you need to get rid of it. Dandruff can be a source of hair loss when it combines with dirt, shampoo chemicals, excess sebum follicle oil. Over time this combination of chemicals can create a film on your scalp that hardens and start to plug up your hair follicles. Once plugged, your follicles can't support h...

See the Change!

The European Commission has just announced an agreement whereby English will be the official language of the European Union rather than German, which was the other possibility. As part of the negotiations, the British Government conceded that English spelling had some room for improvement and has accepted a 5- year phase-in plan that would become known as "Euro-English" . In the first year, "s" will replace the soft "c". Sertainly, this will make the sivil servants jump with joy. The hard "c" will be dropped in favour of "k". This should klear up konfusion, and keyboards kan have one less letter. There will be growing publik enthusiasm in the sekond year when the troublesome "ph" will be replaced with "f". This will make words like fotograf 20% shorter. In the 3rd year, publik akseptanse of the new spelling kan be expekted to reach the stage where more komplikated changes are possible. Governments will e...