Stacey is a NINJA CPA blogger.
I finally feel better about ratios! It's possible I was avoiding them in the past. I figured what I learned in school, over five years ago, was going to be enough.
This time, I attacked them head on, putting every single one on a flash card with an example on the back.
Although I don't have them all memorized yet, the problems seem very easy once I know which equation to use. Often you just have to plug in information. When we have to use another equation to get the missing number, understanding the connections makes these questions not so scary anymore.
Now I can move on to my next struggle, the statement of cash flows. I need a serious review of direct versus indirect. I'm not sure why this has been so difficult for me.
I am just a few weeks away from FAR! I was excited to see we can finally schedule our REG test since that will be my next quest.
Keep it up NINJAs!