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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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The Buning Middle East

The Egyptian fire of rebellion is engulfing vast region covering most of the countries under overt or covert dictatorial rule and Sheikhdom . Though late but I think what human efforts have failed so far, the internet could do! See now it is widely known that a 26 years old woman in Cairo first entered her intention in FaceBook to protest against President Hosni Mubarak and oust him. Her's was not a call to join her, a simple declaration that she is going alone even if others don't do that. And you know the result. Now one after another countries like Yemen, Jordan, Bahrain and more are following the suit. Mainly these rallies are made of new twitter, FaceBook generation; those who sans any political color but love liberation. I believe their very love for freedom is infused by web freedom , the freedom of information!! Don't you think so?
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Cairo i s Burning

This what happening in Cairo at Tahir Square or Liberation Square where most of activities are on : There are few more photographs sent by my old friend Brinda Pant who is still there:
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Lalgarh ....will be remembered forever

How many of you ever heard the name 'Lalgarh'; if ever you heard ,never felt it's a name worth remembering until recent past. It is an area covering cluster of few villages in Midnapore district of West Bengal. However this name has etched a permanent impression on the worn pages of history. Though public memory is short but in future the students of political science will definitely read the story of Lalgarh as an example of 'Fascism'. A group of ruling party's armed cadre, camped in a desolate house in the villege, opened fire killing eight innocent villagers and 17 injuring 17 others fatally. Nearly 1000 villagers on 7th Jan gathered around the two storied house at 10.30 AM in the morning. They were protesting against the diktats, imposed by those few 'armed thugs'; like guarding their camp in night , supplying ration and cooking for them. Villagers were asked to take part in physical exercise compulsorily and take armed training! Imagine, in dem...
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5th hike in Petrol price during past Six months!!!

Latest petrol price hike is the fifth price rise in past six months since government deregulated petrol price from its control. The total hike in past six months is around Rs 8.50/- and the petroleum ministry predicts further rise in future as the crude price in global market is on the rise. Since long the oil refineries were claiming deregulation of fuel price to cut down their losses. At last government gave in for petrol but diesel price is still under government control. So are kerosene and LPG as they directly impact the vote bank. But is it really so? Though the majority is not touched by the rise of petrol price directly but there are always indirect effects. So, any rise in fuel price fuels inflation. Hiking petrol price affects only middle class budget keep everyone else happy. Because government, in central or states garner more in terms of taxes. Let us see the approximate break ups of petrol price when it is Rs58.90 per liter. It is assumed that ex-refinery petrol price is ...
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A trip to TAKI, West Bengal , India

                                   As Bangldesh looks on the bank of Ichamoti, from TAKI, West Bengal. Take a closed look, a cattle corpse i s floating on the river bed, near the Bangladeshi bank. Victim of transborder cattle smuggling. I am not sure how young generation would react to the name of yester year’s one of the most popular writer portraying the essence of rural Bengal, its pains and joys, prosperity and poverty and off course the thread of society; Bibhuti Bhusan Bandopadhyay. His simplicity was eminent in is writing; that was best projected by famous film director Satyojit Roy in his internationally acclaimed films like ‘Pother Panchali’, ‘Aparajito’ et el.  At the age of 9, I read ‘Pother Panchali’. Though I was not matured, enough to comprehend its intrinsic message of the content but the very story left a pugmark in my mind. I became more interested about the author later. ...
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Take care of your Credit Cards

This is an imaginary disastrous situation with credit card. But there are things to be learnt:: SCENE 1. People sure stay busy trying to cheat us, don't they? A friend went to the local gym and placed his belongings in the locker. After the workout and a shower, he came out, saw the locker open, and thought to himself, 'Funny, I thought I locked the locker. Hmm, 'He dressed and just flipped the wallet to make sure all was in order. Everything looked okay - all cards were in place.. A few weeks later his credit card bill came - a whooping bill of Rs.7,00,000! He called the credit card company and started yelling at them, saying that he did not make the transactions. Customer care personnel verified that there was no Mistake in the system and asked if his card had been stolen. ? 'No,' he said, but then took out his wallet, pulled out the credit card, and yep - you guessed it - a switch had b...
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