Ratio question

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    Topic
  • #3229842
    MountainEve
    Participant

    Just wondering, Do we need to memorize the many ratios we encounter while studying especially in Financial Management and Capital Budgeting section? Or will they be provided on exam day?

    AUD - 80
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    Hope is all we need, and some studying, actually lots of it 🙂
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  • #3229851
    CPAHOPE
    Participant

    You dont need to memorize the ratios but you should know the meaning to the ratio and when to apply them. The chart of ratios are provided in the exam. You should, however know the turnover ratios well.
    AR turnover ratio – Avg AR would be on the denominator since it is being turned over.
    Inventory turnover ratio

    Other ratios likely to be tested are gross, operating, and net profit margin, days sales outstanding

    AUD - 78
    BEC - 76
    FAR - 80
    REG - 77
    FAR 80

    REG 79*,77

    AUD 78!!Final

    BEC 76

    "Theres no limit unless you allow it"

    *expired

    #3229860
    MountainEve
    Participant

    Thanks CPAHOPE. Good luck/preparation on your studying.

    AUD - 80
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    Hope is all we need, and some studying, actually lots of it 🙂
    #3230169
    Sam
    Participant

    Usually a chart is provided, but don't bank on it. I'd still try to have a grasp of them off the top of your head, as annoying as that memorization will be. Good luck!

    BEC - 90 (7/19, 8 weeks)
    FAR - 78 (10/19, 10 weeks)
    AUD - 75 (12/19, 8 weeks)
    REG - 90 (7/20, ~12 weeks, split up)

    Ethics - 97 (~6 hours to go through the material & take the quiz)
    Licensed in Virginia (10/20, ~1.5 weeks to process after submitting everything)

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