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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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Gnesinka [82]

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3 years ago

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lesya692 [45]

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3 years ago

What kind of economy uses a free-enterprise system?

alekssr [168]

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The U.S. economy is a free enterprise system.

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2 years ago

on october 1, eder fabrication borrowed $60 million and issued a nine-month, 12% promissory note. interest was payable at maturi

Lynna [10]

55,110,929 in cash; debit

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Credit Card Amount Due: 1.583.741,77 Note

—to record interest that has accrued on a payable note —

<h3>What is interest ?</h3>

The cost of borrowing money is known as interest, and it is typically stated as a percentage, such as an annual percentage rate (APR). The rate of inflation, the length of the loan, the availability of funds, and the risk of default are important variables that determine interest rates. Ownership in a business can alternatively be expressed as interest.

The sum of money paid for using someone else's money is known as interest. The $20 you earned this year on your savings account is an example of interest. The $2000 in interest you paid on your home loan this year is an example of interest.

To learn more about interest from the given link:

brainly.com/question/13324776

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1 year ago

C) What are the major jobs of a nurse?

ivanzaharov [21]

Answer:

1) Conduct physical exams

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3) Provide counselling and health care to patients

4) Listening to the patients and analysing the physical and emotional needs

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2 years ago