Who are some other individuals who might want to use the inf

Who are some other individuals who might want to use the information in the financial statements


Who are some other individuals who might want to use the information in the financial statements
Who are some other individuals who might want to use the information in the financial statements


Solution

Some Other Individuals who might use the information in financial statements

1) Suppliers - Suppliers are interested in the information of financial Statements. Suppliers get to know about solvency and liquidity of company to pay its short term obligations.

2) Employees - Employees use the financial statement information to analyse about the company\'s ability to pay salary and benefits. Others reasons of using financial statement information are career development, Financial performance.

3) Customers - Customers use the financial statement information for assessing the company expansion possibilities, its stability of operations, Its compliances review, for investment decisions

 Who are some other individuals who might want to use the information in the financial statements Who are some other individuals who might want to use the infor

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site