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Business A Level and Level 3
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Understanding Income Statements and Statements of Financial Position
Business A Level and Level 3 | Financial Accounting A Level
During this lesson you will learn::
- The difference between Income Statements and Statements of Financial Positions
- How to calculate the different profit levels on an Income Statement
- How to calculate different elements of a Statement of Financial Position
- Where to find key information for Accounting Ratios
Liquidity Ratios
Business A Level and Level 3 | Financial Accounting A Level
During this lesson you will learn::
- What is meant by the term liquidity
- How to calculate liquidity ratios
- How to interpret liquidity ratios
- Why liquidity ratios are important
Profitability Ratios
Business A Level and Level 3 | Financial Accounting A Level
During this lesson you will learn::
- How profitability ratios differ from liquidity ratios
- How to calculate the year one profitability ratios (all 4 of them)
- How to interpret profitability ratios
- Why profitability ratios are important
Ratios in the Exam
Business A Level and Level 3 | Financial Accounting A Level
During this lesson you will learn::
- How you might be tested on ratios in the exam
- How ratios can be used in the exam
- How to include references to ratios into different essay questions
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