Van Huynh believes that the analysis of finacial statements is directed at two characteristics of an entity: liquidity and profitability. Is Alan correct? Explain.
err.. o_O
Coincidentally there is a Van Hyunh in my accounting tute =o
I also got a new accounting tutor. He's pretty cool. Really gets into it when he's teaching. Today he taught us what to do if we couldnt remember the 16 ratios for accounting...
You grab a piece of paper about A7 size. And then you write all your ratios on it.. and then you fold it and fold it and fold it and fold it, then you hide it in any accessable place on your body, it could be behind your watch, behind your collar, maybe up your sleeve.. but it has to be this exact size, because if it's too small you cant fit everything. If you it's too big.. well lets say the person behind you sees you and he's like "HEY WHAT YOU DOING?!?! IM GOING TO GET THE CHIEF EXAMINER!" while he walks off to get him, you quickly scrunch it up and eat it. Imagine trying to scrunch up a A4 sized piece of paper and swallowing it...
Essentially he was teaching us how to cheat. Cool tutor rite?
2 comments:
Zack is LEGENDARY. He taught us how to cheat for the midsem too. : )
He has taught you well. Now, do not disappoint him.
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