Hi! Chapter 10 part 4 says "actuaries are expected to be able to evaluate various types of investments and determine appropriate ratios." Does that mean explicitly that all the accounting ratios (and application of) are examinable? Similarly, in section 2 of chapter 10, there's extensive reference to this type of thing - do we need to know and may we be asked to calculate operating leverage, financial leverage, liquidity ratios, etc.
In theory the CT2 ratios are prior knowledge and could be examinable. Some of the more likely ratios for ST5 are covered in Questions 10.4, 10.11 and 20.3 in the notes
Thanks For anyone else that reads this thread, April 2010, question 3 is focused on ratio analysis (revision books, book 3 question 10)
