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...
Life in metro; for most of us is becoming unsocial day by day. Open up news paper in the morning; you sure to find some news of crime or nuisance done by anti-socials. We are used to it. But the story of family suicide hitting the headlines; may still surprise you! These are the acts committed by un-socials. Modern life and society robbed us the community culture long back; iota of it still used to exist in the form of religious celebrations like Holi, Diwali or Dusherra. Off late ever that is also waning. Now a day; we hardly find our friends, kith and kins visiting our homes on such occasions. Thanks to cellular revolution; keeping in touch telephonically became or wishing someone occasionally became accepted norm initially. Now facebook does the things; leaving us totally cut-off from family and friends. Some feels it’s the last nail in the coffin of relationship! Unless someone is in need; rarely comes the phone call; keep afar visiting physically. Without our knowledge; many ...