Quote:
Originally Posted by xepan
Question # 8 of Paper 1 kahan sy aa gaya hy yaar. I mean I have a book for accounting named "Principles of Accounting" by M.A. Ghani and there is no chapter showing any kind of ratios like current ratio, liquidity ratio etc etc. Should I buy another book. If yes then which one. Also recommend any book for Paper II jis ki main ny abhi tayyari karni hy
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Dear ratios are the easiest topic. Here are the various types of ratios:
1 Profitability ratios
2 Liquidity ratios
3 Activity ratios (Efficiency Ratios)
4 Debt ratios (leveraging ratios)
5 Market ratios
6 Capital budgeting ratios
You can study its details at this link and if you still find some problem then we can discuss it here. Do read their interpretations also as they are very helpful for aspirants in their fledgling stage of preparation.
http://en.wikipedia.org/wiki/Financi...ability_ratios