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allsm [11]
4 years ago
13

External users of financial information:

Business
1 answer:
tensa zangetsu [6.8K]4 years ago
4 0

Answer:

The answer is a. Are not directly involved in operating the company.

Explanation:

There are two types of users of the financial statements. One are internal users such a st he management and the shareholders while the other being external users.

These external users are often the government, tax authorities, potential investors, banks and even the competitors.

The external users have no ability to control the company. And they are other directly involved in managing or operating the company's activities.

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Assume that Jack, Hal, and Sophia enter into a valid contract for the sale of the restaurant and for the covenant not to compete
Andrei [34K]

Answer: C. Reformation

Explanation: A non-compete agreement or clause is a legal binding entered into by two or more parties which restricts the parties from being in competition with the other usually through the sale of similar product. However, in the context above, since the non-compete clause has been breached by Jack, and the judge feels the time constraint in the clause was unreasonably long, The reformation process will be best to remediate the situation, which refers to the change or alteration of the terms of an existing document using the judicial process and requires the conformation of the parties involved.

6 0
3 years ago
You are a senior analyst in the marketing research department of a major steel producer. You have been requested to make a forec
blondinia [14]

Answer:

descriptive study.

Explanation:

  • Descriptive study is designed to explain the distribution of one or more variables in relation to any cause or other hypothesis.
  • Descriptive studies can be of many types, such as case reports, case series, cross-sectional studies and ecological studies. In the first three of these, data is collected on individuals, the last using data collected for the group.
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3 0
3 years ago
Lauren is trying to find her net income. She used the statement and the steps shown.
Marat540 [252]

Lauren made an error in step 3 because she should have subtracted expenses from income.

Net income = (Total of all sources of income)- (Total of all bills and expenses)

You must subtract expenses because they are things you are <u>paying for.</u>

8 0
3 years ago
Read 2 more answers
Find the principal P that must be invested at rate r, compounded monthly, so that $1,000,000 will be available for retirement in
astraxan [27]

Answer:

$224,174

Explanation:

Note : I have uploaded the full question below :

The Principle P that is required can be calculated from the given data though discounting future cash flows as follows :

FV = $1,000,000

r = 7½%

t = 20 × 12 = 240

P/yr = 12

Pmt = $0

PV = ?

Using a Financial Calculator to input the values as shown above, the PV would be $224,174 . Thus, the principal P that must be invested must be $224,174.

6 0
3 years ago
The administrative department is not responsible for _____ communication.
Nonamiya [84]

Answer:

I will say c I not shore 100%

4 0
3 years ago
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