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60k is average income? I find that really hard to believe. Isn't the average income 80-90k? WHUT. You're doing extremely well, man o.O 24 and you've paid off your hecs. How old were you when you finished uni? The exam. I'm actually really pissed. You know how on balance sheets and income...

owner's equity isn't an asset? :O

my exam is today :( and i'm just checking, but is this right? total assets= owner's equity+ current assets+ non-current assets total liabilities= current+non-current liabilities

The second one is more accurate? But what about the formula? The second one is just measuring how much debt a business has compared to what has been invested by the owners as opposed to the actual debt to total equity? That's a really good point, I didn't think of it like that. To be honest...

fuck yes HOW DO I GET IN PLEASE TELL ME PLEASEEEEEEEE

Yeah, the textbook said the same thing :P Something about most businesses failing because they were illiquid despite being profitable, rather than actually making losses. This is what the textbook says: and this is a photocopy of another textbook that my teacher gave us that had the...

I was pretty sure it was total equity as well, I was just checking. Also to your post about it being a poor measure of solvency, according to my textbook, it indicates the ability to meet long term financial obligations through comparing how much you're able to pay, and how much you owe. I'm...

Aren't they different because owner's equity is how much they've actually put into the business, whereas total equity includes stock and profit etc etc? idk :(

going to chem class

Which formula do I use? total debt/owner's equity x100 OR total liabilities/total equity x100

examine is asian, so he probably has small feet. It depends on what you wear casually. If you're the type to wear jeans and a tshirt, probably vans. But if you're wearing skinny jeans or chinos or something, I don't think vans would go with that

thanks <3

I think the written part of chem i'll do well in, but it's just the stuff that builds on what we learn in year 11 that'll screw me over... awww :cry: thank you so much, man <3 I really appreciate it. So the only calculations we learnt in year 11 were moles and heat capacity (to be honest, I...

RR= Dominant homozygous rr= recessive homozygous Rr= Heterozygous

Trust me, i'm not very smart. I've gotten away with a lot of things by being able to bullshit really well (i.e. business studies. I consistently got 90+ in all tasks last year despite literally having not touched the textbook). But the thing is, you can't bullshit chemistry. You know it, or you...

does it make sense to you though? :P that's just my reasoning.

But you're in year 11 EpikHigh :P

I got an email from my chemistry teacher telling me i'm capable of getting band 6, but that im not quite there yet and need a little more work. The teacher wants me to do HSC questions in my own time and then send it via email for marking because, "I want you to do very well in chem". Thing...

In my textbook, the ratio is total liabilities (Debt): total equity (assets) but in another book, it's written as total debt/owner's equity x100 What is this? WHICH ONE DO I USE? They're COMPLETELY different. One is just a measure of the capability of a business to pay off their debt, and...

Dominant traits show their phenotype, and you see that 1 (the father) exhibits the trait. Male= XY. Female in I is a carrier (heterozygous) because 6 in II is heterozygous to produce a daughter that shows the trait (6 is homozygous recessive). All the sons are affected in I, so if it's sex...