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...
This piece of joke I received now as I opened my mail box.Though why not to share it ! NEVER PLAY WITH WOMEN The FBI had an opening for an assassin. After all the background checks, interviews, and testing were done, there were 3 finalists. Two men and a woman: For the final test, the FBI agents took one of the men to a large metal door and handed him a gun. We must know that you will follow your instructions no matter what the circumstances. Inside the room you will find your wife sitting in a chair. Kill Her! The man said, 'you can't be serious, I could never shoot my wife.’ The agent said, 'Then you're not the right man for this job. Take your wife and go home.' The second man was given the same instructions. He took the gun and went into the room. All was quiet for about 5 minutes. The man came out with tears in his eyes, 'I tried, but I can't kill my wife.' The agent said, 'You don't have what it takes. Take your wife and go home.' ...