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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...

MULTIPLE CREDIT CARDS HELPS

Inflations is eating away much of your monthly salary check. All the bills, like grocery, garments, launderer`s, conveyance and every other thing are north bound. Every other day they are going high. For you and me, the earning remains same, for many like us there is no scope to increase it . The pensioners, the elderly people who runs on meager pension and interest on their fixed deposit with banks are suffering the most. No immediate sigh is visible for restoration of price stability. Though the economists are forecasting that in the next year, provided the monsoon is good, the inflation is likely to be controlled. Let us hope so. By this time let us see how with multiple credit cards you can meet the cash crunch. Off course, for that there should not be any interest burden. Most of the credit cards companies offer the balance transfer facilities from other credit cards these days. Having multiple credit cards and using them wisely may help you to meet sudden expenditure and enjoy ...

The Alternative Fuel

As if it is a natural judgment! The industrial revolution, that started way back in late eighteenth or early ninetieth century and delivered a hordes of inventions to mankind for better living, have been exploiting the nature all along. See; the steam engine could initially not run without the fire woods, later coal. With the invention of automobile, exploitation of nature further increased by way of fossil oil pumping out of underground. Gradually the whole world has become dependent onfuel so much so, that without it the world is not even imaginable! The usage of burning woods and coal found exit to some extent because of electricity. But again for power generation, if not a hydel power generation system, then again to generate electricity fossil fuel or coal is needed. Off late, solar power or wind power generation system is gaining popularity with many countries where nature permits them. In India, wind power is being generated along it`s southern coastal provinces by a corporate. ...

GOLD IS FOR EVER

Inflation is that when too much of money chases too little of things. The gap between demand and supply increases thus causes inflation. During inflation, what happens, you find the price is ever rising with no immediate sign of halt. It may continue for years some time. The flood, draught, or other natural calamities may act as an additive. These days, in the era of globalization it is practically impossible to insulate oneself (read here any country or nation) against global trend. Be it inflation or recession or deflation; when a major economy is struck by any one of them, it has to infect many other countries, whoever has trading relations with them. This is having a cascading affect as those countries would infect in turn others who are in dealings with them. So the chain continues. As this is evident at present, the fuel price hike by OPEC countries has affected developed, developing and poor countries simultaneously. This has triggered the food crisis surreptitiously. Strange is...

Human Warmth

Thursday last, 22nd May 2008 I went to attended a post marriage bride reception party call “ Bohubaht ” in Bengali, at Katwa a small sub-divisional town in the province of West Bengal, India. This is the first time ever I happen to visit this part of India or better say Bengal. Traveling by local train to cover the distance of little more than 100 kilometers in 4 hours is exhaustive. There is no provision of toilet in the railway coaches designed to ferry the local passenger. What transpired they never expected one to travel from the train`s starting to destination point! However, when you get out of your city, what has transformed itself in a concrete jungle, the greenery is bound to absorb your mind to forget the rest. In the month of May, the climate offered bit cool, since the sky was cloudy. So the journey was pleasant. More so , when I met my hosts there. The people in this big mega city, Kolkata, have become long ago , mechanical. They force laugh or greet mechanically and we a...

UN`s inaction for Gypsy`s inhuman plight in Kosovo

Those of us live in any part of Asia or Europe, one time or other , most of us have met Gypsies. Here in this part of globe, India, we are likely to find them on road sides, in busy cities. Camping and littering all around, kids are tottering, women cooking and the male members of the group smoking tobacco or busy in some odd jobs. This nomadic tribe practically left no clear cut history behind them to find their family tree or their origin. However, the evidence suggests, they migrated from Asia to Europe through land routs thousands of years ago. Geographical boundaries carry no meaning to them until recent decades. Where the borders are not porous and strict vigil maintained, there they get stagnated. Off late it is found at some places in Europe they have settled in the outskirts of few cities, as they did in Mitrovica, a town in northern Kosovo. This town is on the bank of Ibar river which separates physically Serbians and Albanians as border. Askhkali, Roma and Egyptian are thre...

Think of a different world

Some time, in idle hours, it crosses my mind, had Mr. Md Ali Jinnah, the founder of Pakistan, been a Hindu, then the post independence history of India must have been quite different. Such thought crossing my mind is not totally baseless. It was Jinnah’s grandfather who embraced Islam. Ironically, Gandhi and Jinnah both originally belonged to the same caste; Guajarati Baniah! It was truly tryst with destiny, as Pt. Nehru use to say while referring Indian freedom. Had Jinnah continued to be a Hindu, the very Pakistan would have been with in India. Off course till this 20 ::20 matches take off, we would have missed all these cricketers on the same field for quite some time. However, lots of other misery, like partisan, then couple of wars, between two cousins ( or brothers !) could be avoided. And to the envy of the developed world , India would have excelled long ago economically. All these I write, because as I use to think such change in the course of history, and happenings thereaft...

Know your finger prints

Fingerprints and physical appearance in general are part of an individual’s phenotype, which arises from the interaction of the individual’s genes and the developmental environment in the uterus. In the case of fingerprints, the genes determine the general characteristics of the patterns that are used for fingerprint classification. As the skin on the fingertip differentiates, it expresses these general characteristics. However, as a surface tissue, it is also in contact with the amniotic fluid in the uterus. The fingertips are also in contact with other parts of the fetus and the uterus, and their position in relation to uterus and the fetal body changes as the fetus moves on its own and in response to positional changes of the mother. Thus the microenvironment of the growing cells on the fingertip is in flux, and is always slightly different from hand to hand and finger to finger. It is this microenvironment that determines the fine detail of the fingerprint structure. While the diff...