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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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Gold Rush!

Gold touches the new high in Global Market. In fact International Monetary Fund is in need of dollar to lend to some countries to bail out them from crises. So they put around 400 tons of Gold on sale; India bought around 200 tons of gold from IMF with its bulging dollar holdings. This has an impact to offset the dollar price in India. The expectation of other countries especially China may follow India’s suit pushed the price of gold to new high. An ounce of gold sold at a price of $1094.4 in world gold market. Other feels as the major investing funds are expecting a plunge in stock price so they are diverting their investment to gold as a safe heaven. So gold is having more sheen now!
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Investment Strategy ; Look before you leap

Indian economy appears to be elusive; the stock market is bullish so the consumer market and all other. It is incomprehensible how the poorest of the poor Indians manage to survive with the skyrocketed prices of all most everything; from potato to pea-nuts, salt to sugar and egg to meat! The prices of many vegetables, edible oils, cereals, grams have broken all time records. But surprisingly there is no much furor over this. Is it only the middle class who are affected by this price rise? Are the people living below poverty line (they may constitute more than 60% actually despite of any official figures) being adequately supplied with subsidized food stuffs? Keeping Indian standard of distribution system through the mechanism available with various states in mind, you can be rest assured that it has never happened. What might have happened; the plight of the poor is not highlighted either by media or any political party for the reason best known to them. Their voices are maimed in mos...
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Power Cuts in West Bengal

Over the years, power cut in West Bengal at this time of year is plaguing; sometime it is due to routine service of the power plants or uncalled for breakdowns. They are usual and seem out of control. But the other factor what is surprising is coal shortage! Coal shortage is equally a routine affair every year. The coal mines being nationalized way back 1969 by government headed by Mrs Indira Gandhi did good to miners as well as those coal mine owners who were handsomely compensated for handing over underground infernos to government. In fact, many underground fires and land collapses in coal mine areas are due to most negligent mining by the mine owners. It is well known fact to anyone who is associated with Indian coal mining industry. Now, the shortage of coal supplies to the power plants is causing power shortage, because numbers of power generating plants are kept idle. Year after year we the tax payers have to suffer for that! In the civil world, perhaps Indian example is unique...
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The Indian Banking Industries

Indian banking industries could avoid the global recession and its after effects like bankruptcy, liquidations that massacred US banking majors. No doubt the practice of prudential banking norm and government control what controlled their exposures to reckless banking practice. But what is ailing the industries is its policy and manpower. The wage in banking industries is one of the lowest amongst peer organizations under government control. For the past two years the employee’s fresh wage agreement is due. No doubt, the trade unions used to be super powers in this industries decade ago, but no more they are so now. As most of the trade unions are controlled by their political bosses covertly or overtly, so their influence in the government does matter. Unfortunately currently, most or all of these political bosses of trade unions sit in the bench earmarked for members of oppositions in Parliament; so there is none to consider their case seriously. Neither they are in any hurry as nex...
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Global Recession

The acute phase of global recession seems to be over; as opined by some experts. Though it is too early to be sure, but there are certain symptoms evident in the global economy that is encouraging. The two major economy in Europe, Germany and France in the quarter ending June’09 have shown come back signs to economical phases. After a long period of recession during this quarter Germany has shown a growth of 0.3% in its national income. Some say this is due to their exports surpassed all imports during this period; during the month of last June, the export growth rate in Germany has touched almost 7%. So it is expected that during the third quarter, Germany’s national income would increase by 1 percent. Another lobby of economic experts held that this growth in German economy is due to increase in governmental spending. If that is true , then obviously it will not be sustainable. The same lobby also opines that the basic reforms in German economy are yet to take place. As banking in...
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Opening Gmail account

In one of my blogs I wrote about the social sites. There are plenty in the web now. Earlier there were few dating sites, grossly they were considered to be the social sites; it was Google first brought Orkut.com in the web and the social site revolution started. Initially Gmail account could only be opened by introduction, not as of now, anyone can open an account, so was the Orkut. I read the article about Gmail with email data storage capacity upto 6MB in one of the famous English newspaper in India "The Statesman" published from Kolkata. I contacted the writer of the article, whose g mail address was given in the article too. I am not sure how delighted he was, when I asked him to introduce me to Google for opening gmail id. Can you thing such stricture now! Incredible. But that was it. Now you know how easy it is, just click in, put anything in the space as your details, and the account is opened,.Good Luck!
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