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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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Driving with electricity


One million plug-in hybrid vehicles on America's roads by 2015 – what seemed utopian just a few years ago is now President Obama’s stated goal. The world’s rising demand for energy, limited oil resources as well as stricter environmental and climate protection regulations are causing us to rethink our driving habits in order to achieve sustainable transportation and energy efficiency. Electric vehicles, powered largely by electricity generated from renewable sources of energy, meet these objectives extremely well. Electric vehicles are destined to eventually conquer the last great bastion of conventional fuel consumption – road traffic.

Green transportation: Electric cars and vehicles in urban traffic

Particularly in cities, quiet, emission-free electric vehicles are ideal green transport solutions. Public urban transportation, such as trams and trolleybuses has been part of our lives for many decades. Electric cars and vehicles are the only forms of transportation that provide a clean solution for individual mobility. Electric cars, electric bicycles, and electric scooters are therefore gaining in popularity. For electric cars to make a real breakthrough, the automotive and electrical industries will have to come together and jointly create the necessary infrastructure for electromobility.

Fit for everyday use

Siemens started writing the book on the electric car in 1905, when it produced about 50 “Electric Viktoria” cars, which were used in everyday traffic as elegant hotel taxis and delivery trucks. They moved at a speed of up to 30 km/h, traveling about 80 km on one battery charge.
Today, Siemens is again a pioneer in electromobility. Though Siemens does not produce electric cars, it has established a separate business unit that develops key components for the drive train of electrically powered cars and light commercial vehicles. The portfolio includes electric motors, power electronics, and smart on-board charging technology.
Siemens researchers are also working together with the German company RUF Automobile GmbH on innovative concepts for the high end car market. They are building ten test electric cars based on the Porsche 911 focusing on modular drive trains and intelligent charging. Findings from field testing will be used to further improve the entire vehicle and sustainable mobility.
Pioneer: The “Electric Viktoria” in 1905
Pioneer: The “Electric Viktoria” in 1905

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