Tuesday, September 27, 2005
Yeah, last paper financial accounting tmr!! Lol...i nv studied a lot today...boost a bit more confidence le..at last i noe how to go abt doing statement of changes of shareholders equity..lol..rdy to conquer the paper tmr...hopefully i wun get defeated in jesus name! i gonna mug a while more and i shall stop and relax my mind...lol...tonite must slp earlier cos is accounts,cant afford to have mental block as i got to memorise all the formulas...yea...a lot of them..trying to recall now... gross profit ratio = gross profit/net sales, net profit margin = net profit after tax/net sales, ROE= Net profit after tax - preference dividends / average ordinary share capital & reserves, ROA= Net profit before tax + interest expense/Average total assets, Current ratio= Current assets/ current liabilities, quick ratio= total current assets - inventory - prepayments/ current liabilities,debt ratio= total liabilities/ total assets, earnings per share=net profit after tax - preference dividends/ average no. of ordinary shares, time interest earned= net profit before tax +interest/ interest and the lists goes on....bet the readers must be filled with qns marks in the mind like wat the hell are all these formulas abt...lol...imagine my mind filled with all these and tmr gonna vomit them out in my exam paper and then analyse them etc;God bless the paper tmr...tats all for now
♥ 9/27/2005 08:32:00 PM
Tuesday, September 27, 2005
Yeah, last paper financial accounting tmr!! Lol...i nv studied a lot today...boost a bit more confidence le..at last i noe how to go abt doing statement of changes of shareholders equity..lol..rdy to conquer the paper tmr...hopefully i wun get defeated in jesus name! i gonna mug a while more and i shall stop and relax my mind...lol...tonite must slp earlier cos is accounts,cant afford to have mental block as i got to memorise all the formulas...yea...a lot of them..trying to recall now... gross profit ratio = gross profit/net sales, net profit margin = net profit after tax/net sales, ROE= Net profit after tax - preference dividends / average ordinary share capital & reserves, ROA= Net profit before tax + interest expense/Average total assets, Current ratio= Current assets/ current liabilities, quick ratio= total current assets - inventory - prepayments/ current liabilities,debt ratio= total liabilities/ total assets, earnings per share=net profit after tax - preference dividends/ average no. of ordinary shares, time interest earned= net profit before tax +interest/ interest and the lists goes on....bet the readers must be filled with qns marks in the mind like wat the hell are all these formulas abt...lol...imagine my mind filled with all these and tmr gonna vomit them out in my exam paper and then analyse them etc;God bless the paper tmr...tats all for now
♥ 9/27/2005 08:32:00 PM
