[MountainEve]

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?

[CPAHOPE]

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

[MountainEve]

Thanks CPAHOPE. Good luck/preparation on your studying.

[Sam]

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!

[Author]

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