Week 9-12 are feeling swell
- briannawhitaker
- Oct 10, 2022
- 1 min read
Hi Everyone,
It's been a hot minute since my last blog post! Let's just say my life has been very crazy at the moment. But woohoo we are nearly done for my first Term 1!
I loved calculating ratios for Step 7 and 8, I guess it's something I understand so I enjoy it. Step 9 certainly had me cross-questioning everything though - hopefully it's right. I found that the majority of my companies ratios steadily increased with a boom in 2022, but to be honest this didn't surprise me at all. Rakon is becoming very relevant in our modern and advancing world, and this is easily seen through the ratios and figures I have analyzed. I found that there key economic drivers were mainly operating assets and sales, which clearly and relevantly explains their increasing profit margin and asset turnover.
I have attached both my draft 7-10 doc and excel sheet below. Feel free to give me some feedback!
Good luck to anyone who has exams coming up as well!
Over and out for term 1 :)
Bri Whitaker - The Rookie Accountant
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