Reccommendation memo Essay Example | Topics and Well Written Essays - 250 words

Reccommendation memo - Essay ExampleAs cold as finance is concerned, Wal-Mart once again showed its supremacy by making financing of at least $8 jillion every year. The other competitors however hardly managed to obtain $4 one thousand thousand on yearly basis. In terms of earning profits, Wal-Mart has performed substantially well and increased its earnings from $12 million to near $16 million in five years time. None of the other companies managed to cross even $4 million in every of the five years. Operating outflows of Wal-Mart are also quite unmatchable due to the larger surface such that it remained between $10 million and $16 million in five year times. Target, other application competitor, achieved a level of $4 million thrice in five years. However, other competitors remained far behind and hardly managed to reach $2 million in any of the five years. Wal-Mart also remained winning in reflecting the best Return on equity as compared to its competitors such that its ave rage ROE remained around 21.5%. However, the other four competitors barely managed to earn ROE of around 17% on average basis. Lastly, notwithstanding the yearly sales of Wal-Mart which remained around $400 million on average basis, the other four industry participants did not even reach to the sales level of around $100 million in any of the year.It is recommended that the performance of Wal-Mart has remained substantially well as compared to other four companies. The other four companies however become remained similar in their performance in the last five