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Liquidity Ratios and Acid Test .

These are fractional, or decimal indicators of health of a company.. A percentage of company assets over company liabilities

A business might have five pounds cash in the bank, and twenty pounds of debt.  So, Acid rest is 5/20.  A quarter or 0.25 as an acid test value..  if the company is dissolved today. Acid Test is of value of one or less.

Dave T.

UK will be celebrating Armistice Day, and Remembrance Sunday very soon.

The Royal British Legion raises charitable finances to assist veterans.  They sell poppies.

The churches hold remembrance services, and much is mentioned in media.  The minutes silence is invited to be observed .

It’s solemn, it’s a time we feel gratitude after two world wars.. you may’ve seen photos of the Flanders killing fields?. The blinded by gas personnel trying to navigate the tracks to medical support.  The rotting, severed, gloved hand, hanging from  barbed wire.

it’s isn’t just a thank you.  It’s a please, not again.

Dave T.

Are you thinking of getting some low priced books on the topic of accountancy?

If you shop on Amazon and have a Kindle Reader. The Open University has accounting Kindle books at low priced to free.

Though not for academic credit.  Open university doesn’t have an external degree system  Exemptions for other subjects at different universities only?

But, acquiring skills in your own capacity is a uni thing.

It might be somewhere to start!

Dave T.

CIMA is an Anglo-American accountancy organisation.  It’s possible to attempt early stages for a one-hundredth of cost of most UK degrees, through self study.

Their full qualification is equivalent to an MBA.

They sometimes offer credit for conventional degree study ACA, and others, possibly offer similar opportunities.. My college studies were more Pure Sciences.

I was told a 2.ii equates to MBA . If business studies.

Dave T.