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
In a landmark judgment the Supreme Court of India has directed Nizam’s Institute of Medical Science, Hyderabad to pay Rs one crore or INR 10 millions for carrying out wrong surgery on Mr. Prasant S Dhananka decades ago. Mr. Dhananka underwent an operation that turned him paralyzed for life at the age of 19. It is only his spirit of perseverance that he fought the compensation case for more than 15 years and finally got the order from the Supreme Course. Though earlier he was awarded compensation of Rs 15 lakh by National Consumer Court but he decided to proceed further claiming compensation amount Rs 7 crores. The Supreme Court fixed the amount of compensation of Rs 1 Crore, first time ever in the history of consumer compensation in India. In fact amount of compensation is reached, in case of medical negligence, considering the age, potentiality and value of lost opportunities in victim’s life. But the Supreme Court in year 2000 expressed its views while giving verdict in “Charan Sing