I’m starting to make my way through Financial Reporting, and I’m just wondering if the financial ratios in the beginning of volume 2 is a fairly complete list of ratios you need to know for the Level II exam (aside from anything new introduced in level II). Mainly, I’m wondering if I need to search back through my level I texts to find any key ratios?
I can’t recall a circumstance where a ratio in the text wasn’t covered at the front of the book. It’s a pretty complete list, which is why it’s there. I only wish the list was repeated in Equity, but you’ll need it there as well.