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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...
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We loot; please don't hoot!


M.L.Shah, who upheld the cause of circulation of small and medium news papers and periodicals in our country; specially in the eastern region. I remember him as he inspired me to fight with pen; the man never thought that the days of pen was counted then; the key board arrived, soon after his departure from this earth!The present generation may not know there were many small local news papers published from many of our district towns even two decades ago. Some small periodicals or weekly like Blitz; enjoyed pan Indian popularity amongst educated middleclass. Mr R K Karanjia was the editor. In 60s and 70s; his weekly carried a fresh report every week with the title “ India’s do-nothing projects”. That revealed the scams and quantified the loots, pinpointing the looters! With no Anna Hazare or  omni present medias; they went on and on undaunted.
In fact India has a history of looters except Mughals; so you cannot blame us for looting. It is in our genetic codes. Generations after generations having been ruled, nurtured, cultured by looters; you ought to be their followers. The last band of looters were from overseas, the Brits. So now we loot, pilfer and stash the cash with overseas Swiss banks.v
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