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Saturday, July 31, 2010

stupid me

My Finance examination is a trick one also. we are asked to compute the net cash receivable and the net cash outlay with one given transaction. I know how to compute but there are two numbers of shares, the 100 and the 500. I didn’t know what I will be choosing because we never encountered it before. I saw Aimee’s answer and she got 6000 on her principal amount so I copied her answer then I computed. When I passed the paper, I asked them what did they use and we used different numbers. Some use the 100 and some used the 500 so we didn’t know the correct answer. I was really disappointed with myself because it was my major subject. Huhuhuhu… I was so stupid.

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