Financial indicators

[Sach1_K]

Do we have to know how to calculate financial indicators like turnovers and debt ratio?
Thanks

[sam.utute]

Do we have to know how to calculate financial indicators like turnovers and debt ratio?
Thanks

Okay, weird response coming: You don't actually have to calculate any ratios - however, you are expected to interpret the ratios. The only real way to interpret and analyse the ratios is if you know how to calculate them. In other words, learn how to calculate them up until the point where you actually plug the numbers into your calc.

Does that make sense? Sorry if I was a bit vague.

[abcdqd]

You have to memorize the formulas,so essentially you will KNOW how to calculate them, but you won't have to do any calculations for the exam.

[abcdqdxD]

To summarise what sam and abcd have said:

the exam does not require you to calculate rations

HOWEVER

the exam requires you to analyse ratios (which can only be done if you know the components of each ratio)

[Sach1_K]

Yep I understand thanks.
I was just curious becuase the Cambridge book says there's no calculations in the exam.

[BoredSatan]

calm down bro.. its only early april and you're up to the last topic O.o

[Random_Acts_of_Kindness]

calm down bro.. its only early april and you're up to the last topic O.o

Agreed! Too keen 

[Sach1_K]

calm down bro.. its only early april and you're up to the last topic O.o

well doing a bit more than a chapter a week over a period of time stacks up well.

Agreed! Too keen 

I would rather be too keen than not keen at all.

[abcdqdxD]

If you're already up to the last chapter already then I can guarantee that you haven't learnt everything properly.

[Sach1_K]

If you're already up to the last chapter already then I can guarantee that you haven't learnt everything properly.

probably not but I have time to understand everything completly I don't think anyone can fully understand a chapter just by doing the exercises. 

[abcdqdxD]

which is why it's pointless going so far ahead, you'll just forget everything (not to mention having to buy a new workbook if you can't be bothered rubbing everything out) or learn something incorrectly.. remember it's difficult to "un-learn" bad habits

[Sach1_K]

which is why it's pointless going so far ahead, you'll just forget everything (not to mention having to buy a new workbook if you can't be rubbing everything out) or learn something incorrectly.. remember it's difficult to "un-learn" bad habits

does belvedere make u rub everything out? I don't think I' ll forgot the stuff I'm learning with sufficient revision and exams. I think ill be able to remember everything by the end of term 3 holidays I'm aiming to have completed the neap and checkpoints aswell so hopefully everything goes as planned.
Yeah about the bad habits the damn Irish teacher didnt tell us we had to do the debits first then the credits in the gj.

[Random_Acts_of_Kindness]

does belvedere make u rub everything out?

By the sounds of things, happy rubbing  Also, remember, just because you have finished something before you peers does not make you better them.

[Sach1_K]

By the sounds of things, happy rubbing  Also, remember, just because you have finished something before you peers does not make you better them.

Ill just print out an exercise a week and say my book got soaked or something if it comes to that. And I never said it does relax. All I asked was an innocent question lmao.

[Random_Acts_of_Kindness]

And I never said it does relax. All I asked was an innocent question lmao.

Ask yourself: Why are you so ahead? 

It seems to me that a logical explanation of why you have finished the course already is for "bragging rights", or for you to feel "superior". But, if it is cause you genuinely love accounting, then I can't blame you and I take it all back.