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Ratios

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Ratios

  • This topic has 2 replies, 2 voices, and was last updated 11 years ago by MikeLittle.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • May 27, 2014 at 10:57 am #171141
    tarek
    Participant
    • Topics: 45
    • Replies: 57
    • ☆☆

    Dear mike
    When I calculate ratio can I write(say) current ratio=100/50
    Or I should current ratio =current assets/current liability and after that calculate

    Thanks

    May 27, 2014 at 8:07 pm #171261
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23329
    • ☆☆☆☆☆

    Write “Current ratio (182:89) 2 : 1”

    ie show the figures you have used. That way, if you make a stupid calculation mistake, you won’t lose because the examiner / marker can see that you were correct in principle.

    For example, if you had written:-

    “Current ratio (182:89) 12 : 1”

    that should not lose you a mark!

    May 27, 2014 at 8:07 pm #171262
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23329
    • ☆☆☆☆☆

    Write “Current ratio (182:89) 2 : 1”

    ie show the figures you have used. That way, if you make a stupid calculation mistake, you won’t lose because the examiner / marker can see that you were correct in principle.

    For example, if you had written:-

    “Current ratio (182:89) 12 : 1”

    that should not lose you a mark!

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
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