hahah thats exactly what i did!! just used gross profit as revenue (which i think is wrong but anyways it wa the only option) and then just did return on OE.....meh....BOS fucked it up not our problemOriginally posted by clairegirl
errr yeah i rekon!! where was COGS so i just used..... revenue as my gross profit :s
should be:Originally posted by jade
you had to figure out the owners equity by using
a = l + oe (assets = liabilities + owners equity) and then use the return on owners equity ratio
net sales (revenue) x 100
---------------------------------
owners equity
well, that was what my teacher told me anyway
i sorta expected it cuz in the past htere have been soo much finanical stufff.... but i am glad there werent any financial stuff.... cuz i never seem to get all of them right...Originally posted by LaZy_KoReAn
Man, there weren't enough financial ratio questions what's up with that? I've been studying for that shit
i think that generally there is one question that is financial ratios and anything related to it... and that happened this year...Originally posted by LaZy_KoReAn
Man, there weren't enough financial ratio questions what's up with that? I've been studying for that shit