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Derivatives a form of hedging??? Just wondering... Are derivatives a form of hedging??? Because the forward exchange contract sounds exactly the same as hedging?

Seraph The current ratio is 4.5:1 & if the industry standard is 2:3 the company is not reinvesting enough of its profit back into capital. It is quite strange to have an industry standard that has more liabilities than assets as I would consider this business would fail fairly quickly. As for...

Can anyone tell me some good texts to use for physical journeys as i have to have 5 of them for a portfolio due april 5th. any help will be appreciated ! THaNkZ

anyone doing physical journeys, send me private message so we can help each other out through the year. thanks

return on owners' equity = net profit * 100 / owners' equity PROBLEM! Before or after tax. This is a really complicated question! Logically you would think it would be net profit (after tax) as gross (usually means before tax), but in the text book i have: BUSINESS STUDIES HSC - D. Sykes, V...

Is anyone doing "physical journeys" as their area of study? :confused:

Return On Owners' Equity Ratio return on owners' equity = net profit * 100 / owners' equity PROBLEM! Before or after tax. This is a really complicated question! Logically you would think it would be net profit (after tax) as gross (usually means before tax), but in the text book i have...