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Showing posts from May, 2010

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

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