Thank you so much! I know the concepts from the textbook, but I understand them from you so much better. Never knew that the number on the left of the ratio represented current assets and the one on the right current liabilities!
I would imagine supermarkets could operate for periods with a current ratio of less than 1:1 because they have so many different suppliers that they would never have all of their debts falling in the same period. In addition, the major supermarkets are so powerful in relation to most of their suppliers that they are likely to be able to negotiate delayed payment. A business that turns over stock Less frequently may see a ratio of less than 1 risky, but perhaps not supermarkets. However, because supermarkets carry so much inventory their current ratio may not dip below 1 too frequently. Their acid test ratio on the other hand...
Thanks for your videos, they are helpful but not going to lie, you are VERY boring. Interact with the whiteboard more rather than having everything written down and then just speaking to us... do some calculations and use the whiteboard more man
Got a business exam tomorrow and your videos really helped me understand more about the topics, thanks so much!
You are most welcome. Thanks for watching, thanks for taking the time to leave a positive comment and good luck in your exam!
Thank you so much! I know the concepts from the textbook, but I understand them from you so much better. Never knew that the number on the left of the ratio represented current assets and the one on the right current liabilities!
Not sure if you’ve already done this but can you do a crash course for each component? Thank you for your videos aswell they’re an absolute lifesaver!
Thank you for making videos on ratios for businesses.
amazing video. you're a true legend, sir. thank you
ayo my guy esher college recommends your videos for consolidation 👀 💪
!! Thank you thank you THANK YOU !!
can you please do videos on profitability ratios?
what if supermarkets have 0.76 not even 1. is that ok? what are the recommendations?
I would imagine supermarkets could operate for periods with a current ratio of less than 1:1 because they have so many different suppliers that they would never have all of their debts falling in the same period.
In addition, the major supermarkets are so powerful in relation to most of their suppliers that they are likely to be able to negotiate delayed payment.
A business that turns over stock Less frequently may see a ratio of less than 1 risky, but perhaps not supermarkets.
However, because supermarkets carry so much inventory their current ratio may not dip below 1 too frequently. Their acid test ratio on the other hand...
@@TakingTheBiz Thank you very much!!! 🤩
Thanks for your videos, they are helpful but not going to lie, you are VERY boring. Interact with the whiteboard more rather than having everything written down and then just speaking to us... do some calculations and use the whiteboard more man
You're boring
Shahjaman Miah Just you
He’s taking time out of his day to help us in our exams, stop being so rude.
nah hes a legend man shush
shut up man