URGERNT MEMORISING HELP NEEDED~!!!

jlzk

7 Oct 07, 00:43

I need to memories:
i,Working Capital=Current Assets - Current liabilities

ii,Capital Owned=Total assets - Total liabilities

iii,Capital Employed=Total Assets-Current liabilities

Some one can help me think of something or tips that i can remember please?!!Urgent thanks before hand.!

KydoN

7 Oct 07, 00:55

rofl this is NOTHING compared to the stuffs i have to memories

Darkness_hacker99

7 Oct 07, 00:57

Originally posted by jlzk:
I need to memories:
i,Working Capital=Current Assets - Current liabilities

ii,Capital Owned=Total assets - Total liabilities

iii,Capital Employed=Total Assets-Current liabilities

Some one can help me think of something or tips that i can remember please?!!Urgent thanks before hand.!

Last time I also have this trouble of memorizing these forumula. But after tonnes and tonnes of practicing and drilling, it become my second nature liao.

If you do your balance sheet frequently, you actually no need to memorize de. One look and the account is clear.

WC = CA -CL

CO = TA - TL

CE = TA - CL.

KydoN

7 Oct 07, 00:58

,WC=CA-CL

ii,CO=TA -TL

iii,CE=TA-CL

you sub them in you get

:
CE=(CO+TL)-(CA-WC)

JUST MEMORISE THIS enough le you can definitely make out the acrnypms or whatever you spell it

jlzk

7 Oct 07, 01:25

Originally posted by KydoN:
,WC=CA-CL

ii,CO=TA -TL

iii,CE=TA-CL

you sub them in you get

:
CE=(CO+TL)-(CA-WC)

JUST MEMORISE THIS enough le you can definitely make out the acrnypms or whatever you spell it

oo okok i try figure it out

jlzk

7 Oct 07, 01:27

Originally posted by Darkness_hacker99:
Last time I also have this trouble of memorizing these forumula. But after tonnes and tonnes of practicing and drilling, it become my second nature liao.

If you do your balance sheet frequently, you actually no need to memorize de. One look and the account is clear.

WC = CA -CL

CO = TA - TL

CE = TA - CL.

Provided i am very familar with those terms i am ok with balance sheet.