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...
Those of you are from West Bengal and regularly go through
vernacular dailies; must have noticed ads of various ‘Jotish’ cover mostly half
of a page. Occasionally they cover even more! Don’t think they get any
concession for putting ads on newspapers. Obviously they can well afford those
expensive Ads; since they yield. I used to surmise in 2014; how come so many ‘Babas’or
“Jyotish’ who promise to solve your problems within 3 minutes, dare to
advertise publicly! Our democratic law is so lenient that anyone can claim
anything putting advertisements publicly. They may sale residential plots in
‘moon’ at a cheaper rate. There is none to question! Off course; there are
people who get duped and have no complaint over them or their practices.
I have visited few of them; sometime on curiosity or
other time being pursued by someone closed. Every time I felt convinced while
sitting before them. Later when I recounted the whole thing, it came clear, the
man talked a lot and initially he asked why I was there for. There is the
answer. I told him the problem; he wove the imaginary solutions that may not
solve your problem but bury it. Once I asked a renowned astrologer, who
regularly contributes to a prestigious magazine on astrology, whether he finds
my change of residence in near future! He simply said if you get good deal;
sell it and buy another. Coolly while bypassed my question without offering no
concrete foretelling. It’s just this way all other persons I met from
astrological community they offer solutions. Some forecast imminent problems
like accidents or terminal sickness and offer solutions with some gem stones or
stems. They mostly refer particular stores wherefrom you should buy. They make
sure that they get commission for what you buy.
Jothish, sooth Sayers or fortune tellers were always
present in our society. But they were never so buzzing as they are now. How the
profession became so lucrative remained a question in my mind. Of late; while
venturing for negotiation marriage of my son; I got the answer. The terms like ‘Mangolik’,
Bhowmo Dosh’, ‘Sare Sati’ or ‘Kalsorpo yog’ are very common these astrologers
use and encash. All of them bear a covert threat for bring misfortune to your
life! Negotiation marriage invites their tantrums in almost full-fledged manner
in our society. This was unthinkable or so wide-spread two or three decade ago.
My parents never consulted any astrologer for their wards marriage. So there
were many others too. Are we moving forward or backward; I ask myself! Few had
faith, as always in it and they insisted. Fortunately in my life time I hardly
ever come across any of them. But to my utter surprise I find now, barring few
exception most insist of horoscope matching. May be our society has become much
vulnerable to modern world’s vice like divorce, separations et el. Celebrities
like Amitabh Bachhan, had a lot of media coverage while getting his son married
with another ‘Mangolik’ film star. This too appear to have proved a boon for so
called Astrologers. Now they have field
days; so the gem-stone sellers. Just think people spends thousands or some time
even lacs of rupees for gem that have mostly no re-sale value! Open any
newspaper and find the ads or gem sellers. Offering original gems promising you
to turn from rag to riches!
Nowhere in the world such trades are legal or
allowed. It’s incredible INDIA again.
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