Semester 2 Chatter Thread (2009) (4 Viewers)

[Nebuchanezzar]

did a practice exam today
all is looking quite well. and i've got 4 days to revise the hardest third of the course.

v good v

 

[Nebuchanezzar]

omg wtf

one question took about a half hour to draw up and complete because i got confused with all the 3D stuff

 

[lala2]

I shouldn't be spending my study time venting, particularly since the issue's going to be obsolete forever very soon, but I've had enough of WebCT just not being compatible with Opera. Opera is the best browser ever imo--everytime I load up IE just to use WebCT it reminds me why I made the switch--so SLOW and cumbersome.

 

[lala2]

Ah, double post. Anyway, does anyone know anything about commerce? I know plenty of you guys are Arts and Science students but I don't really know about commerce...anyway, if you could help.

a) What's the relationship between balance, profit-loss and funds (cash-flow) statements?
b) What's drawings in relation to owner's equity?
c) Why are borrowing costs intangible assets? Shouldn't they be tangible? Actually, why aren't they a tangible liability?

Might have more questions, but that's all for now. Thanks!

 

[KarmaKitten]

Woo. First exam tomorrow. Bring it on. I'm totally over studying.
holidays now pls

Oh and SP, did you get your Honours mark back yet? Tell us!

 

[kokodamonkey]

Ah, double post. Anyway, does anyone know anything about commerce? I know plenty of you guys are Arts and Science students but I don't really know about commerce...anyway, if you could help.

a) What's the relationship between balance, profit-loss and funds (cash-flow) statements?
b) What's drawings in relation to owner's equity?
c) Why are borrowing costs intangible assets? Shouldn't they be tangible? Actually, why aren't they a tangible liability?

Might have more questions, but that's all for now. Thanks!

What subject is this????
umm i know the answers but it is whether or not i can remember them properly!!!!

B) - Drawings is the stuff you withdrawf rom owners equity... I think like how you have A = L + OE. Well drawings = Owners Equity Minus the othercrap umm retained profit?

A) Isn't it Net Profit? Net profit is listed on the profit and loss sheet and is counted as part of owners equity on the balance sheet?

C) Good Question! Perhaps because its an asset.

 

[lala2]

^^Thanks koko, it's for pharm management and the majority of the exam is accounting.

 

[lala2]

^^How so? My head hurts from this stupid subject. If I'm very lucky I might finish it by dinner.

 

[wixxy2348]

Nebbbbbz
ispm
Everyone else

 

[Nebuchanezzar]

wixxy bro
whats up
hows yr study goin?

 

[wixxy2348]

My study is going great.
Dropped out & deferred.
Woot.

 

[Nebuchanezzar]

DF, DNF, or F?

 

[velox]

roadtripping for a week just after exams

Where are you going? Im roadtripping from 4th dec up the coast.

Anyone want a lift up the coast?

 

[Nebuchanezzar]

velox
moar liek
smellox

hahahahahah

 

[wixxy2348]

F

 

[Nebuchanezzar]

 

[lala2]

roadtripping for a week just after exams

Wherebabouts?

My study is going great.
Dropped out & deferred.
Woot.

Ah. How long are you deferring for, what are your plans?

Where are you going? Im roadtripping from 4th dec up the coast.

Anyone want a lift up the coast?

Where are you going? Will be boiling up there hey?

 

[Nebuchanezzar]

what the fuck am i, a pork chop?

 

[velox]

Lala, up to Mackay. Hopefully it's boiling. My record is working in 48 degree heat. Doubt I will beat that.

 

[lala2]

that's hot! Where in the world were you at that time Haha, have fun with the driving. Who else is going? You can't possibly drive all the way up there by yourself can you? It's gonna take several days! (depending how fast you drive)