1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alukav5142 [94]
2 years ago
10

Which of the following group is not normally interested in the financial information about a business?

Business
1 answer:
Blababa [14]2 years ago
8 0

Answer:

The correct option is a. Debtors

Explanation:

In this question, we categorized the internal and external users or a group who are interested in the financial information about a business.

Internal users are those users who work in an entity which includes employees, owners, managers

Where, external users are those users who are outside the entity that includes suppliers, lenders, creditors, government agencies, bank,general public,etc.

These users are interested to interpret the financial leverage of the company.

By going through the meaning we get to know that the debtors are not normally interested in the financial information about a business.

Hence, the correct option is a. Debtors.

You might be interested in
What are your options if the career you are interested in has a poor outlook? What are your options if the career you are intere
nydimaria [60]

Answer:

Entrepreneur

Explanation:

Being self employed

8 0
2 years ago
Lotoya Davis Corporation has 10 million shares o common stock issued and outstanding. On June 1, the board of directors voted an
Viktor [21]

Answer:

June 1st:

Retained Earnings (Dr.)                 $8,000,000

Dividends Payable (Cr.)                $8,000,000

June 30th

Dividends Payable (Dr.)               $8,000,000

Cash (Cr.)                                      $8,000,000

These entries will remain same even in the case of liquidating dividend.

Explanation:

On June 1st the dividend is declared so the journal entry will be

Retained Earnings (Dr.)                 $8,000,000

Dividends Payable (Cr.)                $8,000,000

There will be no journal entry on June 14th.

On June 30th the dividend is paid:

Dividends Payable (Dr.)               $8,000,000

Cash (Cr.)                                      $8,000,000

The entry would not have differed if it was a liquidating dividend.

5 0
3 years ago
Kirkwood acquires 100 percent of the outstanding voting shares of Soufflot Company on January 1, 2018. To obtain these shares, K
lesya [120]

Answer:

$555,000

Explanation:

Calculation for the amount that will be reported for consolidated cash after the acquisition is completed

Cash at Kirkwood Inc $475,000

(900-400-15-10)

Add Cash at Soufflot Company $80,000

Consolidated cash after acquisition is completed $555,000

Therefore the amount that will be reported for consolidated cash after the acquisition is completed will be $555,000

4 0
2 years ago
In 2017, Orear Manufacturing signed a contract with a supplier to purchase raw materials in 2018 for $700,000. Before the Decemb
MArishka [77]

Answer:

d) as a current liability

Explanation:

Current Liabilities are those liabilities which are payable within one years time e.g trade payable, tax payable etc.

The credit against the purchase of inventory is classified as the trade payable and it is paid in a short time, so it will be reported on the balance sheet in current liability section.

5 0
3 years ago
Establishing international treaties that ban the transfer of potentially harmful species from one country to another is a good w
Anna35 [415]
Establishing international treaties .............................. is a good way to control INTRODUCTION OF INVASIVE SPECIES.
Invasive species are those animal species which are removed from a different ecosystem and are brought to a new ecosystem, where they cause damages to other species which originally inhabit the ecosystem. Invasive species can wipe out the native species thus disrupting the ecosystem.
6 0
3 years ago
Other questions:
  • ( missing a word ) When individuals are looking for jobs but are unable to find work, they are said to be______.
    10·2 answers
  • Honest Abe’s is a chain of furniture retail stores. Integral Designs is a furniture maker and a supplier to Honest Abe’s. Honest
    5·1 answer
  • Boone Products had the following unit costs:Direct materials $24Direct labor 10Variable overhead 8Fixed factory (allocated) 18A
    13·1 answer
  • _____ is probably the most important factor in determining the promotional mix. Select one:
    14·1 answer
  • What types of businesses are likely to have an informal corporate culture?
    7·2 answers
  • Greening refers to: a. Answer the need for more carbon dioxide in our air. b. firms acquiring more green backs (U.S. dollars) fr
    15·1 answer
  • Regarding business ethics, which of the following can shape the overall values within an organization?
    8·1 answer
  • On January 1, 2021, the general ledger of TNT Fireworks includes the following account balances:
    13·1 answer
  • Suppose 2 athletes sign 10-year contracts for $80 million. In one case, we're told that the $80 million will be paid in 10 equal
    15·1 answer
  • Ashton borrows $25,000 from Amanda, who lends the money without taking an interest in collateral for the loan. Amanda is relying
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!