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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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Horror Story !!

This happened about a month ago near Lonavala.  A guy was driving from Bombay to Pune and decided not to take the new expressway as he wanted to see the scenery along the old road. The inevitable happened, when he reached the mountains. His car breaks down - he's stranded miles away from nowhere.  Having no choice, he started walking along the side of the road, hoping to get a lift to the nearest town.
It was dark and rainy. And pretty soon he got wet and started shivering. The night rolled on, and no car passed
by. 
Suddenly he sees a car coming towards him. It slows down and nearly stops next to him. Without waiting or thinking a bit , the guy opens the door and jumps into the rear of car which starts moving by then....  Seated in the back, he leans forward to thank the person who had saved him. To his horror, he realizes there is nobody behind the wheel!!!........  Even though there's no one in the front seat, and no sound of any engine, the car starts moving slowly. The guy looks at the road ahead and sees a curve coming. Scared almost to death. he starts to pray, begging the Lord for his life.

He hasn't come out of shock, when just before he hits a curve, a hand appears through the window and moves the wheel! The car negotiates the curve safely, and continues on the road to the next bend. The guy, now paralyzed in
terror, watches the same hand appearing every time  they approach a curve and later moving the steering wheel just enough to get  the car around each bend.

Finally, the guy sees some bright lights ahead. God!..... Gathering all his courage, he silently wrenches open the rear door of the slowly-moving car, scrambles out, and runs as hard as he can towards the lights. It's a small town.

He stumbles into a restuarant, and asks for a drink, and breaks down. Then he starts talking about the horrible experience  he's just been through, to the people around.

There is dead silence in the restaurant when he stops talking ......... . . 

. .... . . . . . . . . .
.
. 
. .... . . . . . . . . .















......  that's when Santa Singh and Banta Singh walk in.
Santa angrily points to the fellow and shouts  'Look Banta,  that's the idiot who got into our car, when we were pushing it.'

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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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Read more