I've been Bean Counting

Another bunch of assignments. Sometime back, I had enrolled myself into a financial management course (goes to prove that an idle mind's a devil's workshop). My intention was to know the stuff I don't know in finance that I ought to know. Or, at least know what I don't know about money. Which essentially means everything. Now I am stuck with a whole bunch of assignments that are due by 31st of Jan. I have been scratching my head, chewing on my pencil(s), fuming, googling and generally getting frustrated but these assignments still don't make any sense to me. Its been an uphill task working on them and it gets worse by the day. Financial ratio analysis, corporate finance, working capital management, athens, parthenon, kanakaredes, cryptos, mykros all sound the same to me. Yea, you guessed it, Greek. With a sprinkling of Latin. So instead of working on my assignments - after having another red bull and chewing on the last pencil I had - I am writing this post. Speaking of pencils, with all that chewing, I have now acquired a taste for graphite. I can now tell which pencil is a real connoisseur's delight and which one is Burger King's Big Whopper. But I still can't calculate how many pencils I need to chew on before I can successfully understand Break-Even analysis. Anyways, let me get back to my assignments. My cash flow statement problem seems to be showing that my cash flow is zero (maybe its due to this recession). So, let me correct it before I lose my net present value.

Before signing off here's a lame joke about an Investment Bank's Balance Sheet I picked up from somewhere in the dubyadubyadubya.

"There are two sides to an Investment Bank's balance sheet: the left side and the right side.
On the left side there is nothing right, and on the right side there is nothing left."

Cheers.