The Credit CrunchDid you score a bargain in Woolworths?
Meet someone nice in the queue to withdraw your 10p from Northern Rock?
Get made redundant from the job you hated enough to spend all day on b3ta?
How has the credit crunch affected you?
(
chthonic, Thu 22 Jan 2009, 12:19)
« Go Back | See The Full Thread
As an accountant, I would have to say "yes"by which I mean "NO!!!!"
But seriously, a good measure of a companys stability is its asset ratio (Assets/Liabilities). Generally this shouldnt be below a value of 1 (i.e. liabilities do not exceed assets).
99000/11100000 = 0.009 (HOW IS THIS COMPANY STILL TRADING???)
They may give you 10000 shares in their company, but 10000 x £0 = £0
(
Colonel Dracula Two manky hookers and a racist dwarf, Tue 27 Jan 2009, 9:48,
1 reply)
10000 x £0 = £0!?!Why did no one tell me! The shares I bought from my brother in 'Bodgit and Leggit' are worth NOTHING!?!
Crap.
(
gareth_alien will be human again at, Tue 27 Jan 2009, 10:00,
closed)
« Go Back | See The Full Thread