was there ratios? (2 Viewers)

[MyLoveIsPure]

i cant really remember...what was their any ratios?

 

[LatK7]

State current/working capital

But there was no calculation...

 

[wrxsti]

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

 

[Jerruy]

Ca/cl

 

[nitnit]

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!!!!

 

[Gosford]

i sed... ca:cl (is that ok)

 

[williamc]

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]

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]

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

 

[ScottyTee]

I said CA/CL

 

[chrisbro1990]

I said CA/CL

Yep correct

 

[Purple-ppl-eatr]

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]

I was gonna write current assets - current liabilities

so glad i didnt now! i did ca/cl

 

[williamc]

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.

 

[Lost Seraph]

Damn. Accounting HAD to be my best area and there was nothing in it... calculations wise.

 

[the pospinator]

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]

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

 

[lifesucks]

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

or does it not matter?

 

[Adam.Meads]

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?

 

[Adam.Meads]

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

or does it not matter?

And I'm pretty sure its just CA/CL - probably much the same in the end.