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 was just transferred to that small district town. As a bachelor I found it was difficult for me to get a modest accommodation on rent. My colleges were all quite supportive, promised to find out one. But even after a month they too failed to find a hovel for their young boss. Their hesitation to disclose the reason for the failure of their sincere mission turned me bit curious. I asked Burrababu , calling him into my chamber considering this would offer required confidentiality. Frankly disclosing uncomfortable situation with my purse after meeting the hotel bills for a whole month; I pleaded staying in hotel for discharging my duties would finally land bankrupt! Mind you; salary in 70s with government job was not so lucrative. Burrababu understood my point; then submitted prudently that as a eligible bachelor I am not eligible for accommodation on rent from any good Samaritan. Just think my plight! Getting married was a long drawn process as far as arranged marriages are con...