Skip to main content

Posts

Showing posts from September, 2010

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

"When you were born".............. a poem

 English translation of urdu poem "Jab Tu Paida Huwa Kitna Majboor  Urdu/Hindi Version Follows ...  When you were born, how helpless you were,  Thoughts of this world were no where near.  Your tiny limbs were still not sound,  You still had not dreamt of the world around.  You would keep on weeping and weeping,  After having ur milk ur only job was sleeping.  It was ur mother who taught u how to walk,  And the one to embrace u when u could not even talk.  Under ur mother's shelter u kept on growing,  And with time ur boat of life kept on rowing.  Slowly n slowly u became young and strong,  Soon the whole world became ur patron.  Of ur stength u were proud all the while,  Adorning urself in ur own style.  One day u were swept away by a pretty maid,  And before her your hand you laid.  Your duties then you had forgotten,  Seeds of hatred you yourself had sown.  Your parents you started ignoring,  Your own wishes you kept on full