quick financial question (1 Viewer)

[= Jennifer =]

hey everyone i have a small question to ask :

when a question says "describe its (the business) financial position over the last five years" does this mean we refer to the ratios??

thanks

 

[Iron]

Depends on the question...i.e if you're given information that will let you calculate a ratio, and industry standards.
Im guessing this would involve a balance sheet or some other financial statement...

 

[lilmzqt]

its a good idea to refer to ratios if u can. say stuff like has it had profits or losses, wat the sales are like how much costs they have and like i said if you can give ratios DO IT!! it boosts your marks coz u prooving u no wat ur talking about and not just bullshitting.

 

[ToO LaZy ^*]

pfft..bullshitting works fine!

 

[dark`secrets]

describe, comparison and bs will do.

 

[lilmzqt]

pfft..bullshitting works fine!

LOL.....i no bullshitting is fine - but it has to APPEAR real...like u no wat u sayin..........even if u dont

 

[Ch00]

pfft..bullshitting works fine!

You will do well in business studies

 

[Emily.]

business is easy to do well in cos its easy to study, u just make notes straight off the syllabus

 

[lilmzqt]

business is easy to do well in cos its easy to study, u just make notes straight off the syllabus

definatley true. i totally agree there.

 

[Emily.]

that would be why i should start studying soon....ish