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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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Old Age

Aging being a natural process; we all age but few are aware of this. Here is a story I received; narrates the embarrassment of this natural precess : .... Several days ago as I left a meeting at our church, I desperately gave myself a personal TSA pat down.  I was looking for my keys. They were not in my pockets.  A quick search in the meeting room revealed nothing.  Suddenly I realized, I must have left them in the car.  Frantically I headed for the parking lot.  My wife, Diane, has scolded me many times for leaving the keys in the ignition.  My theory is the ignition is the best place not to lose them.  Her theory is that the car will be stolen. As I burst through the doors of the church, I came to a terrifying conclusion.  Her theory was right.  The parking lot was empty.  I immediately call the police.  I gave them my location, confessed that I had left my keys in the car, and that it had been stolen. Then I made the most difficult call of all, "Honey," I stammered.  I always call her "honey" in times like these.   "I left my keys in the car, and it has been stolen." There was a period of silence.  I thought the call had been dropped, but then I heard Diane's voice.  "Ken" she barked, "I dropped you off!"  Now it was my time to be silent.  Embarrassed, I said, "Well, come and get me." Diane retorted, "I will, as soon as I convince this policeman I have not stolen your car?"

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App Developers Gurgaon said…
Nice post, things explained in details. Thank You.
26 October 2016 at 04:04
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