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2 years ago

Identify at least four different types of financial statement users and discuss why each would use the financial statements.

Business

1 answer:

GarryVolchara [31]2 years ago

8 0

Answer:

Government authorities :

They will use the financing statement to ensure the fairness of the business and to receive proper amount of tax.

Investors :

Current or potential investors would check financial statements to ensure they will suitable returns after investment.

Creditors :

They will check financial statements to make sure they get their due money back.

Employees :

The employees will ask for bonus if the company performance in statements is good,

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Harriet has been assigned the task of setting up work teams for a complex software development project. Each team has different

madam [21]

Answer:

Option B (Wheel) is the right answer.

Explanation:

That was the most suited wheel-based networking architecture. So every team works reasonably amongst the many departments together, communicated as well as worked together as a centralized control through hubs.
Instead, every crew here works alone and is interconnected to the hub so that it wouldn't immediately impact the activities of some other groups.

The other four alternatives aren't connected to the given scenario. So the above is the right option.

7 0

3 years ago

U.S. based Majestic Co. sells products to U.S. consumers and purchases all of materials from U.S. suppliers. Its main competitor

lakkis [162]

Answer:

Economic exposure.

Explanation:

Economic exposure is also known as operating exporter is known as a phenomenon where a business's cash flow is affected by currency rate fluctuations. It occurs over the long term and affects product value.

Businesses protect themselves from economic exposure by operational strategies mostly through diversification, and currency risk mitigation strategies.

In this instance Majestic Co a United States company has a competitor in Belgium and so tend to be affected by foreign exchange fluctuations of the dollar to Belgium currency.

3 0

3 years ago

Read 2 more answers

The Widget Co. purchased new machinery three years ago for $4 million. The machinerycan be sold to the Roman Co. today for $2 mi

Oduvanchick [21]

Answer: A. $4,600,000; $3,900,000

Explanation:

Based on the information that have been provided in the question, the book value will be calculated as:

= Net working capital + Current liabilities + Net fixed assets

= $725,000 + $1,375,000 + $2,500,000

= $4,600,000

Market value will be:

= $1,900,000 + $2,000,000

= $3,900,000

Therefore, the answer is option A.

4 0

3 years ago

Quantification of risk is difficult, and there are different types of risks, such as stand-alone risk, market risk, and politica

Tems11 [23]

Answer:

True

Explanation:

5 0

3 years ago

Torch Industries can issue perpetual preferred stock at a price of $71.00 a share. The stock would pay a constant annual dividen

kodGreya [7K]

Answer:

the company's cost of preferred stock, rp is = 9.15%

Explanation:

step 1. Consider the following formula.

Cost of preferred stock = annual dividend / Price *100

Step 2. Set the values of the variables.

= $ 6.5/$ 71*100

step 3. Solve.

= 9.15%

Answer : 9.15 %

6 0

3 years ago