Finally I have come across an assignment in this course that I actually like and can understand..
I was really starting to struggle with these assignments – the SPA’s in particular so I am very grateful that Ass #3 was relatively easy to calculate in the spreadsheet, once you had all the correct numbers.
Ratios are a great way to look at how well your company is performing long term and is also a great way to indicate how long it will take to make your money back from your company. I will hopefully be able to discuss in particular how well MHIL is doing in comparison to other companies after having some discussions with students about their ratios.
So keep an eye out as I will be posting some discussions in the next couple of days 🙂