DSST Principles of Finance - Memorize ratios?
Will I need to memorize the profitability ratios (profit margin, return on assets, return on equity), asset utilization ratios (receivable turnover, average collection period, inventory turnover, fixed asset turnover, total asset turnover), liquidity ratios (current ratio, quick ratio), and debt utilization ratios (debt to total assets, times interest earned, fixed change coverage)? Or just basic ones, such as the current and quick ratio? I have a financial calculator (HP 10bII), it can do TVM, NPV, IRR/YR, but don't see that it has any built-in ratios. Thanks.
__________________
Excelsior, BS Finance, pursuing degree
Studying:
Completed:
CLEP: Hum. (67), Hist. of U.S. I (74), Hist. of U.S. II (71), Intro. Psych. (69), Intro. Soc. (72), Soc. Sci. and Hist. (74), Western Civ I (72), Western Civ II (70), Am. Lit. (60), Intro. to Educ. Psych. (62), P. of Management (74), P. of Market. (74), Intro. Bus. Law (67), P. of Accounting (60), AmGov (68)
DSST: Ethics in Am. (76), P. of Super.(67), HRM (65), Intro to Bus. (70), MIS (65), P. of Fin (62), M&B (65), P. of Stat. (68)
ECE: OB (B)
TECEP:: IntFin, SecAna
Total Credits: 114
|