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...
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 ...