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
As you know I am an Ex- Airman; means who served in Air Force. Of course leaving Air Force offered us an experience what is most similar to 'fish out of water'. But later we got together, thanks to internet and Sam Pitdra; and we have adjusted with the shore (!). From one of our community we pray for the people of Japan, distressed by Tsunami. My friend Jagtar, sent me this; here it goes.................. Let us Pray for the people in Japan. thousands of people are dead. Tsunami waves sweep along Iwanuma in northern Japan on Friday. The earthquake slammed Japan's eastern coast and unleashed a 13-foot tsunami that swept boats, cars, buildings and tons of debris miles inland. Lord, at times such as this, when we realize that the ground beneath our feet is not as solid as we had imagined, we plead for your mercy. As the things we have built crumble about us, we know too well how small we truly are on this ever-changing, ever-moving, fragile planet we call ho