标题: B/S ratios -- beginning of year or average [打印本页] 作者: dmrktrading 时间: 2011-7-13 15:25 标题: B/S ratios -- beginning of year or average
Unless given the proper info, if only given two year's B/S and asked to compute a ratio that involves a B/S (i.e. NI/A) do you use beginning of year B/S figures or average?作者: genuinecfa 时间: 2011-7-13 15:25
Without any instructions, I would do the average first and see if it is one of the answer choices. If not, then I would use beginning.
NO EXCUSES作者: Analyze_This 时间: 2011-7-13 15:25
asset turnover (NI/Assets) is 100% supposed to be average assets. Look on page 3 of FRA (CFAI text)作者: bdavi77962 时间: 2011-7-13 15:25
gangstarr Wrote:
-------------------------------------------------------
> asset turnover (NI/Assets) is 100% supposed to be
> average assets. Look on page 3 of FRA (CFAI text)
Asset Turnover is Sales/Assets 作者: CPATrader 时间: 2011-7-13 15:25
Chuckrox8 Wrote:
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> gangstarr Wrote:
> --------------------------------------------------
> -----
> > asset turnover (NI/Assets) is 100% supposed to
> be
> > average assets. Look on page 3 of FRA (CFAI
> text)
>
> Asset Turnover is Sales/Assets
Just making sure someone's paying attention 作者: YAhmed 时间: 2011-7-13 15:25
I think that if it's a mixed ratio (with BS and IS items) you use the average. If it's a pure BS ratio, you use the beginning value.
Could someone please confirm this?!作者: kickthatcfa 时间: 2011-7-13 15:25
