标题: Simple FRA question [打印本页] 作者: soverby 时间: 2011-7-13 13:39 标题: Simple FRA question
I'm sorry to ask something so basic... Mind is going into meltdown.
For ratios, whenever we use a balance sheet item - we always take the average of the period... ie. (2009 value + 2010 value) / 2作者: luda002 时间: 2011-7-13 13:39
nope - for blended ratios (such as ROE), you can use the average. For pure balance sheet ratios, just use the balances.
I/S gives you a year's activity, while a B/S gives you a point in time snapshot.
So when calculating ratios that rely on both B/S and I/S accounts, use the average on the B/S.作者: liquidity 时间: 2011-7-13 13:39
Thanks. I think I'm getting stupider as we get closer to the exam!作者: zephyranalyst 时间: 2011-7-13 13:39
Whoops im losing it too, blended ratios yes i see in the post. FML.
