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 can not remember when I first saw him! May be in early 90s; when at our main branch in Dalhousie area used to hold lot of indoor games competitions like Carom, Bridge and Table tennis ; I found him playing cards. I remember his head was covered with a white towel cap. This made me curious! I heard of him earlier, that one alike me from Air Force, joined our Bank in one of our North Calcutta's branch. He was playing cards with deep concentration and some time howling with triumphal joy as usual in any competitive card games here. The man was heavily built with muscular body and emitting a masculine spirit in all his gesture. With a voluminous voice and typical accent of 'Bangladesh'; he sounded warm and humorous. That was the first sight of him I had. Back in office I enquired about his 'towel cap' in sultry summer evening. To my utter surprise came to know the man was fighting cancer! It was his nose , that was affected. I tried to visualized the man I saw, f...