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...
Somewhere I read; some wise guy drew conclusion after discussing a lot about human faith and dependence on God; that man created the God! My poor memory does not help me to recapitulate his whole narration but this, his last sentence cast a permanent impression even in my dull brain. In fact history suggests since ancient times where ever human civilization developed in whichever form, they had their own God. Chinese had their own; so the Mayas or Aztecs ;despite of their civilization proliferated on either side of Pacific! In fact , in the initial stages of civilization mankind felt quite unsecured and vulnerable before wild animals and natural calamities. To hunt or fight they needed strength; that was physical and to brave flood or thunder storm they needed stamina; that was mental. For both they looked for placebo and that was God. Well; I don’t want to be dragged into the charge of blasphemy; after all the God is great to provide us unique elixir in terms of ‘ho...