Here is the solution to your mid-term test.
Did your Balance Sheet balance?
Any questions – add them to the Comments or email mrhannon [at] geralds [dot] ie
The Business Department of St. Gerald’s College, Castlebar, Co. Mayo, Ireland.
Here is the solution to your mid-term test.
Did your Balance Sheet balance?
Any questions – add them to the Comments or email mrhannon [at] geralds [dot] ie
Congrats to Robert Comer (4A4) on winning the Stock Competition in Module 1 with a total profit of $133,779 (a return of 13.78% in just 6 weeks).
There were some big changes on the leaderboard in the last few days of trading due to volatility in world stock markets.
In order to see how well you have done, you can compare your total return to the Dow Jones Industrial Average. Our competition started on 15/09 and ended on 27/10. During that period, the Dow Jones increased by 8.55%
You should compare your percentage total return to this 8.55%. Both Robert and Ronan Jennings had a total return that beat the Dow Jones. The majority of professional traders do not achieve this!
I hope you enjoyed the module. There will be a school Stock Competition next term (with prizes for 1st, 2nd and 3rd), so keep checking sgcbusiness.com for more details.
What did you think of the stock competition? Post your opinions in the Comments section on this post.
Worth watching.
Here is a short presentation about the Balance Sheet of a business or club.
You should also listen to the following podcast about a UK company (manufacturer of rowing equipment) preparing their Balance Sheet at the end of their financial year.
Test your knowledge of the Final Accounts…
Take a look at Manchester United’s Balance Sheet from 2004. The Balance Sheet is a PDF file.

Now that you have covered all of the section on Business Documents, you should test your knowledge.
You can also do a quick revision of Business Documents and take a quiz on skoool.ie – scroll down to the bottom of the page. There are two parts to the Business Documents question.
Watch the following BBC interview with a stock trader in London on what he thinks will happen to the Eurozone.
Do you agree with him?
The stock market competition for 4A4 starts on Thursday September 15th.
To join the competition:
Once you have successfully created a user account with MarketWatch, log into the site and then click on Find a Game.
The name of the Game is TY Stock Market M1. Enter the game name in the Search box.
You will be asked for a password to join the game.
This has been sent to your Google Apps email account.
Now you are ready to start trading in stocks on the NYSE.
This is the link to log into the game each day. Add it to your favourites on your home computer.
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