Skip to main content

Posts

Showing posts from April, 2011

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...

Marriages are no more made in Heaven!!

“ Marriages are made in heaven”- the old adage still holds sense some believe. Though the phenomenal rise of broken marriages; puts me in doubt. Do God approve broken marriage! Perhaps not; so no more marriages are made in heaven; I infer. Marriages are initiated either by love ( mostly calculated) or by arrangement in this part of our planet. When a marriage takes place as result of love between the bride and groom; well their parents have hardly any role to play. Except arranging and witnessing the marriage and of course wishing the bride would fit in groom's there after. This is true specially for nuclear family and they are parents of groom. Parents of bride enjoys more freedom, as some believe, as for their case it's almost like a take-over. They get their daughter married and get a son in term of son-in-law. Given to the fact when the daughter is economically independent; either earning by herself or has earning from other sources. Her parent expects or sometime covert...