A little bit of dance and music in anybody's life never hurt them....

http://www.digitallyimported.com/mp3/hardcore.pls

or if you can't copy/paste the link, then just pop to www.digitallyimported.com and look under Hardcore for good times!

Some happy hardcore now and then, or everyday
keeps the blues and sadness away

It's a short post today, nothing interesting happened, except that I've been put to work preparing an "easy and straight forward" credit proposal...

Which of course starts with doing it's financials. May sounds easy, but for somebody like me without a finance background, it can get really strange.... like why should Deposits Taken be under liabilities? (Something to do with the company taking a deposit from it's customers, a liability because the company owes the money back to the customer)

Things learnt today:

Quick Ratio and Current Ratio the higher the ratio the better, the more liquid the company is. If the ratio is smaller than 1 (<1) <-- for reasons to do with the coding of the page, I don't think I can use the < and 1 next to each other without the brackets. Seems to mess up the page

Account Payables days to settle (what the company owes to its suppliers) the more time the company has to pay its suppliers the better, there maybe be something to suspect if the company is not given the industrial norm grace period to settle it's accounts. The suppliers are amongst the first to know if something is wrong with the company, the bankers are the last....