Curious to know from someone who has passed level 2 if we need to recall/memorize financial ratio equations from level 1 and if so, what are the important ones? I ask because I am coming back from a significant layoff from level 1 and want to know if I need to spend time memorizing these ratios again or if I can solely focus on level II material and the ratios that I need will be given/mentioned again. Thank you.
The ratios which you need for Level II Financial Reporting are listed on pages 1 - 3 of the Curriculum (Volume 2). These should more or less serve you fine for the other topics as well. There are 40 of them, you will use some more than others. No need to dig in the Level I material.
The back of the schweser book 2 has the formulas as well.
Perfect, thanks