How much are these ratios tested in Level 1? Items like:
Cash conversion cycle
Payables Turnover Ratio
Number of days in Inventory
I find these topics extremely boring and hoped that it is more conceptual than memorizing these formulas. Thanks!作者: thisisbrianly 时间: 2011-7-11 17:37
I'd guarantee a couple questions involving knowing the formulas of one of these.. AR turnover is more commonly tested IMO作者: JRossSter 时间: 2011-7-11 17:37
cash conversion cycles arent as important as the the other two, but i reckon they are really easy to remember if you really understood the concept underlying these ratios.
