was there ratios? (1 Viewer)

LatK7

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State current/working capital

But there was no calculation...
 

wrxsti

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THAT WAS BULLSHIT, i cudnt believe no ratios man..... i was burningggg !!!!

lol practically everyone in my class didnt have a calculator and were like !!!!!! they all ran around grabbing calculators ... only to realise.. NOTHINGGG
 

nitnit

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after all those time studying, interpreting ratios they dont even bother to put a INTERPRETING FINANCIAL STATEMENT QUESTION IN!!! *grr*

I'm so angry!!! They should of covered everything instead of being selective!!!!
 

williamc

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I can imagine a fair bit of the state would have got fucked over on that question. The working capital ratio can be seen the same as the liquidity ratio which is ca/cl..BUTT in the context of the question which requried you to pull information out of the heading effective working capital management.. the answer was

Current Assets -(minus) Current Liabilities

Only one mark anyway. Either way it is a stupid question as both are right.
 

kokodamonkey

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no it was current assets / current liabilities

they said working capital ratio not working capital amount.. william soz to let u down!

gosford no i dont think theyd accept that soz.
 

Fish Sauce

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williamc said:
I can imagine a fair bit of the state would have got fucked over on that question. The working capital ratio can be seen the same as the liquidity ratio which is ca/cl..BUTT in the context of the question which requried you to pull information out of the heading effective working capital management.. the answer was

Current Assets -(minus) Current Liabilities

Only one mark anyway. Either way it is a stupid question as both are right.
I double checked the question because my friend did that to me once being a tricky bugger.

It was definitely Working Capital Ratio which = Liquidity Ratio which = Current Assets/Current Liabilities

sorry to be bearer of bad news :S
 

Purple-ppl-eatr

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i have to say I was pretty stoked to have that 1 ratio!!....I'm not a fan of maths and the financial side isn't my strongest so I focused on other things like the management side...:)
 

Beege

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I was gonna write current assets - current liabilities

so glad i didnt now! i did ca/cl
 

williamc

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Meh 99% will do.

Bugger, i thought i got full marks in SA, meh only 1 mark.

Deadset, sucks when you know too much and you overthink the questions.
 
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Lost Seraph

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Damn. Accounting HAD to be my best area and there was nothing in it... calculations wise.
 
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yeh, the current ratio question was the only ratio which the exam touched on

that, as well as two multiple choice qu's, but u can;t really call it ratio work, they had already given u the figures for return on owner's equity and crap

u just had to identify trends and stuff

not that much maths in it this year
 

cl3nta

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yeh i was disappointed that there was no accounting to be done.
 

lifesucks

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my little argument with my friend, is it:
CA/CL or
CA x 100/ CL ?

or does it not matter?
 

Adam.Meads

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Lol ... What if you wrote CA/CL, then crossed it out (one line) and wrote some fictionary ratio?

Do the markers disregard it, or do they still take it into account?
 

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