Recent content by LiuLiu90

Thanks.

Sorry FINS2624 is Portfolio Management, FINS2643 is Wealth Management. Didn't realise there was a prerequisite for Wealth Management.... that makes my choice a little easier then!!!

Can't decide which to take in S2. Anyone taken both / either and got any suggestions?

I am a student in FINS1612 - who happened to get the question you are talking about correct..... not sure what 'troll' is?

Definitely not a lecturer, just a kid who doesn't like to be pushed around by you....

??? I opened my account because I was wanted to see if I could get any hints for the end of session exams..... I didn't mean to get drawn into some sort of contest with you, but I just can't help your attitude. Do the lecturers even know these websites exist?? I hope not with some of the...

Since I now live in a democratic country, maybe I can put this to the vote. Who is stupid: a) Someone who ignores the example we covered in tutorial, assumes that profit is 'always' after tax, does calculation, and then just guesses at answer (incorrectly I presume) when the calculated answer...

Delusional....:sleep:

Maybe fortune cookie will accept he / she is wrong?!? Shouldn't hold breath waiting.... :spzz:

Maybe you didn't read the SMH article - the profit in title/headline is $2.83bn, the net-profit referred to in article is $2.05bn. Some difference, and not rounding down..... Maybe you misread quiz question too?

No point in arguing with person.... Maybe you got title of thread wrong.

Yes - but the SMH article reports Profit in the headline, and Net Profit in the story (Net Profit is profit AFTER tax - see the definition in Wikipedia if you don't believe me). So that must mean that the profit in the headline is BEFORE tax. Now who's stupid? :awesome:

Yes - but that is earnings..... earnings / net income are not necessarily the same as profits!?!? :p Maybe you should do ACCT1501?! Surely the fact that we are both able to provide examples shows that you were wrong to make that assumption? 'Always' is a strong word.....

Sure they don't scale you down unless too many of us are getting HD - even then I'm not certain it is common situation.

What do you think that net profit is then?? The article talks about profit, cash-profit and net-profit (after tax) so how can you say profit is 'always' after tax? :confused: WilliamWu123 is right, maybe you should spend more time :read: for the end of session quiz?