Sunday, March 23, 2008

ACCOUNTS WITH RAJASHEKARAN!

How do you turn a MICAn's most dreaded subject into one of the livliest, and ensure noone sleeps? Simple - get this man to take it! Accounts was never a MICAn's favourite subject... Little did we know what to expect... :D

"And then what do we do with the foreman? He will become beforeman or afterman..."
- On what to do with surplus labour

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"Overhead. Sometimes it goes over the head..."
- On complicated calculations for assets!

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"Can we take the first question as closed? Or do you have anything to disclose?"
- !

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R: Your opinion on this?
VIKRAM: Sir, mine?
R: Mine... Yours... Mine... Mine of information :P

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"Dishman pharma... Dushman pharma..."
- How a simple alphabet change can change a company's fortunes!

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"Shareholders will understand... Or they will stand outside..."
- On the outstanding behaviour or shareholders who don't get paid dividend

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"Payback method is very simple to understand. Even dummies understand it. That is why.... CEOs understand it."
- A fillip for all managers-to-be!

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"Depreciation... It requires proper appreciation."

- On why things going down can also look up.

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R: Have you worked out the current ratio?
TSS: No, sir...
R: Then work it out currently...

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"Quick ratio... Tell me quickly."

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"It is better to put the money in the bank and sleep well, rather than invest it in this business and lose sleep."
- On how nocturnal performance and ROCE are connected :P

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"Many people feel that HDFC Bank is a bachcha... It is a bachcha, but it is achcha...!"
- On the infancy of certain private banks.

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"There are too many analyses... But too much analysis will lead to paralysis."
- How spending too much time with ManAcc can lead to loss of muscle function.

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"Break-even analysis... We've already broken our heads over it."
- Cranial side effects of ManAcc

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"Turn the page and learn the worth!"
- Where Metallica left off, Raja started off...

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"It is not a mystery... It is just history!"
- Getting verse and verse...

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"In Japan... They have flyover and over!"
- On the stagnating GDP and developmental saturation of them Japs.

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"In Argentina, the inflation rate is some 40%, 50%... Like pass mark..."
- How the CBSE syndrome affects Buenos Aires

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"Without wasting time... Explain time value of money."
- Well put!

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And the best one for Day One, while taking attendance...

R: Antara Chatterjee...

R: Absent? Antara... Bahar-aa...

:P

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FROM BATCH B, COURTESY ARATI AND PANNA...

"
We might be risk averse... But the risk is ours..." ('ours' in South Indian accent!)

"Ankit Singh... Why don't you sing?" (Attendance!)

"You have taken a lot of time but you have also added a lot of value..."
- To Monty after explaining Time Value of Money

"We have to check a lot of things before investing in stocks. Including the horoscope... In some cases it is the HORRORscope..."
- Future investors, beware!

"If Ambuja, Ultratec, India Cement is getting 22% return, then Anil will say "nil" to investing."
- Anil Ambani's last word on whether or not to invest in the cement industry at 18% return...

"It is an art... To understand art."
- Resovles Shankar's dilemma as to why we shouldn't invest in art...

"All big companies in the west... Like Merryl Llynch.. Get lynched by this P/E ratio..."
- On the P/E ratio and how it bamboozles the best :P

"Include everything... Short term loans... Long term loans... Don't leave anything aLOAN..."
- On how no debt should be left in solitude.

"You are a B.Com? Well, now you cant afford to B.Calm because I'm going to ask you a question!"
- To PriChamaria

A bit of help from Siddharth Jain...
R to Monty, Sujata and Shruti: Now you teen deviyaan will answer my questions...
SJ: How can they be teen deviyaan... They are all more than twenty years old...
:O :O

"If Tata Motors can't pay their dues... They'll have to say TATA to their business..."
- On insolvency

"Shravan don't just come to class in Shravan ka mahina..."
- To a latecoming PlaceComm member ;D

"Somebody wanted attendance, so now I should attend to this?"
- On attendance...



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