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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

Horror of Horoscope!

Those of you are from West Bengal and regularly go through vernacular dailies; must have noticed ads of various ‘Jotish’ cover mostly half of a page. Occasionally they cover even more! Don’t think they get any concession for putting ads on newspapers. Obviously they can well afford those expensive Ads; since they yield. I used to surmise in 2014; how come so many ‘Babas’or “Jyotish’ who promise to solve your problems within 3 minutes, dare to advertise publicly! Our democratic law is so lenient that anyone can claim anything putting advertisements publicly. They may sale residential plots in ‘moon’ at a cheaper rate. There is none to question! Off course; there are people who get duped and have no complaint over them or their practices. I have visited few of them; sometime on curiosity or other time being pursued by someone closed. Every time I felt convinced while sitting before them. Later when I recounted the whole thing, it came clear, the man talked a lot and initially he