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USPshnik [31]
2 years ago
9

Which of the following groups probably would not be interested in the financial statement analysis of a firm?a. creditorsb. mana

gement of the firmc. stockholdersd. Internal Revenue Servicee. All of the above would be interested in the financial statement analysis.
Business
1 answer:
LekaFEV [45]2 years ago
4 0

Answer:

D) Internal Revenue Service

Explanation:

Since creditors are supplying raw materials and lending the money to the corporation, they are highly interested in the financial statement.

Since the management of the firm is operating the company, they have the right to know the financial statement.

Since the stockholders are the company owners and provide money, they are the primary people to know the financial position of the firm.

Finally, the <em>Internal Revenue Service</em> is the government body. IRS is helping to measure the treasury of the U.S. government. Therefore, there is no or little connection between the company and the IRS. As they do not gain anything from the company except tax, they do not have any interest in analyzing the company's financial statements.

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The job of increasing public awareness of a company's products, brands, or activities and by fostering desirable company images,
Zina [86]

It is the task of <u>"Public Relations".</u>


Public relations(PR) is the way associations, organizations and people speak with general society and media. A Public relations authority speaks with the intended interest group straightforwardly or by implication through media with an expect to make and keep up a positive picture and make a solid association with the gathering of people. Examples incorporate official statements, pamphlets, open appearances, and so on and also utilization of the internet.

8 0
2 years ago
Ashley Inc.’s total value is $950 million. Its balance sheet shows $100 million of accounts payable, $100 million of notes payab
PIT_PIT [208]

Answer: $7.50

Explanation:

Given that,

Total value = $950 million

Accounts payable = $100 million

Notes payable = $100 million

Long-term debt = $200 million

common equity = $200 million

shares of common stock = 100 million

Value of equity = Value of firm - Value of preferred stock - Value of long term debt.

                         = $950 million - 0 - $200 million

                         = $750 million

Value\ of\ stock = \frac{Value\ of\ equity}{Number\ of\ shares}

Value\ of\ stock = \frac{750}{100}

                                 = $7.50

                     

5 0
3 years ago
To be productive in a new job, what can you safely ignore
Andrew [12]
Well, these are the ways u can be productive at a new workplace:
-do the difficult or most important stuff first, then leave the less complicated stuff in the end
-take breaks-sitting 24/7 in ur office desk can be detrimental to ur health-do things u enjoy every one hour or so, such as sipping a black coffee with a light snack or having a quick laugh with ur colleauges, or perhaps u can challenge urself with a game of scrabble. it will change ur life of work struggles and make u mentally and physically happy!! 
-don't multitask-u will make ur life more complicated, by completing stuff in a second. don't be paranoid with wotever work u have, the world is not going to end!
-u have innovative thoughts but finding it problematic to execute it? write down some ideas, concepts of how to overcome some work problems or doodle of wot u see ur next digital future like. its not complicated, u just need to be experiment, u never know when a creative idea might rush in.

-i hope i helped:)

4 0
3 years ago
Which of the following is not typical of traditional costing systems? Use of direct labor hours or direct labor cost to assign o
EleoNora [17]

Answer:

The correct answer is use of multiple cost drivers to allocate overhead

Explanation:

Use of direct labor hours or direct labor cost to assign overhead to products is typical  of traditional costing systems as overhead is believed to have positive relationship with labor-related variables.

Besides,using a business-wide or plant-wide single predetermined overhead rate is not feature of traditional systems of costing.

Since labor-related variables such as direct labor hours or direct labor cost is assumed to be a driver of overhead cost,hence an appropriate overhead absorption basis,it is perfectly understood that there is correlation between direct labor and incurrence of overhead cost in the business.

8 0
3 years ago
Bronn and Jaime make a written contract where Jaime will sell Bronn his armor and sword for $1,200.
satela [25.4K]

Answer: Mirror image rule

Explanation:

It should be noted that the contract formation defenses are fraud, illegality, incapacity, unconscionability, duress and statute of Frauds.

The mirror image rule is not among the defense to the formation of w contract. It implies that an offer should be accepted with no changes made to the offer.

8 0
3 years ago
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