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, 
 
        
             
        
        
        
Answer:
Ajay account will be credited with $6000. While Tim account will be debited by $6000 
 
        
             
        
        
        
The total unamortized bond premium at the date of conversion was $280,000. Fogel should record, as a result of this conversion, a  <span>credit of $217,600 to Paid-in Capital in Excess of Par. Thee answer is A. 
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Answer:
The correct answer is B.
Explanation:
Giving the following information: 
The current price of a market basket of goods is $2,500 and the base year price of the same market basket is $2,000.
To calculate the price index we need to make a simple division:
Price index= P1/P0
PI= 2,500/2,000= 1.25*100= 125%