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...
How many of you ever heard the name 'Lalgarh'; if ever you heard ,never felt it's a name worth remembering until recent past. It is an area covering cluster of few villages in Midnapore district of West Bengal. However this name has etched a permanent impression on the worn pages of history. Though public memory is short but in future the students of political science will definitely read the story of Lalgarh as an example of 'Fascism'. A group of ruling party's armed cadre, camped in a desolate house in the villege, opened fire killing eight innocent villagers and 17 injuring 17 others fatally. Nearly 1000 villagers on 7th Jan gathered around the two storied house at 10.30 AM in the morning. They were protesting against the diktats, imposed by those few 'armed thugs'; like guarding their camp in night , supplying ration and cooking for them. Villagers were asked to take part in physical exercise compulsorily and take armed training! Imagine, in dem...