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Showing posts from March, 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

The bleeding hearts!!

The recent happenings in Egypt, Libya, Yemen, Bahrain and few more countries in middle east and Africa; the uprising of people and global pressures; some from freedom loving people and others from those whose interests are harmed by such turmoil. Who belong the second category you  know, the same group of nations who first planted the poisonous plants like Osama Bin Laden or Taliban in Afghanistan, Saddam in Iraq or Gaddafi in Libya when they grew lager, blew the poisonous fumes towards their mentors then blow war bugle to uproot them! And thousands of innocents lives are lost because of their repeating such exercise ever since their own war WW-II ended. The feelings of common men is best portrayed by one great poet, Faiz Ahmed Faiz. Way back in 1959, sitting in Lahore jail he wrote this.................                                         chashm-e-num, jaan-e-shooreeda kafi nahi tohmat-e-ishq poosheeda kafi nahi aaj bazaar maiN paa_bajolaaN chaloo dast afshaaN chalo, mast-

Let's Pray For The Peoples In Japan

As you know I am an Ex- Airman; means who served in Air Force. Of course leaving Air Force offered us an experience what is most similar to 'fish out of water'. But later we got together, thanks to internet and Sam Pitdra; and we have adjusted with the shore (!). From one of our community we pray for the people of Japan, distressed by Tsunami. My friend Jagtar, sent me this; here it goes.................. Let us Pray for the people in Japan. thousands of people are dead. Tsunami waves sweep along Iwanuma in northern Japan on Friday. The earthquake slammed Japan's eastern coast and unleashed  a 13-foot tsunami that swept boats, cars, buildings and tons of debris miles inland. Lord, at times such as this, when we realize that the ground beneath our feet is not as solid as we had imagined, we plead for your mercy.   As the things we have built crumble about us, we know too well how small we truly are on this ever-changing, ever-moving, fragile planet we call ho