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Why does a prospective stockholders of a firm interested in a firms financial statement?
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Which financial statement would best indicate whether the company relies on debt or stockholders' equity to finance its assets?
Balance Sheet
Why are the financial statement users interested in the statement of cash flows?
it enable both internal and external to know that the company worth, the company is heading for losses.
Is income statement same as financial statement?
no. income statement is a only a statement in financial statements.
Do financial reporting and financial statement mean the same thing?
"Do the term financial reporting and financial statement mean the same thing?"
What are financial reports that summarize the financial condition and operations of a business?
Financial statements are financial reports which summarize the financial condition and operations of a business. Included in a financial statement are a balance sheet, income statement, and also a cash flow statement.
Who are the people that are interested in the financial statements of a business?
the people who are interested in the business financial statement are : -- the BIR -- the business's prospective investors -- the management -- the owner of the company/business hope this answer helps you
Which financial statement would best indicate whether the company relies on debt or stockholders' equity to finance its assets?
Balance Sheet
List anyeight interested parties to a financial statement?
Eight interested parties to financial statement are; 1. Shareholders 2. Suppliers 3. Customers 4. Investors and Lenders 5. Creditors 6. Government 7. Competitors 8. Management
Why are the financial statement users interested in the statement of cash flows?
it enable both internal and external to know that the company worth, the company is heading for losses.
What are two financial statements?
Commonly, financial statements consist of the BALANCE SHEET, INCOME STATEMENT, STATEMENT OF STOCKHOLDERS EQUITY and the CASH FLOW STATEMENT. Different industries and businesses have different names for some of the statements and add to, or use combination of, the forms above. The not-for-profit industry, for example, generally calls the balance sheet the STATEMENT OF FINANCIAL POSITION and the income statement the STATEMENT OF ACTIVITIES. In business and analytical circles, the document containing the auditors report, the collection of applicable statements, and the accompanying notes are collectively referred to as the financial statements. -APMc
Why are commercial banks interested in the financial statement?
Commercial banks are interested in financial statements so they can see that how is business performing so that they can invest money in it as well as if business wants credit from bank is business will be able to return it back or not.
Can you consider notes to financial statement to be a financial statement?
Notes to financial statement can be considered to be a financial statement since they report the details and additional information that are left out.
Is income statement same as financial statement?
no. income statement is a only a statement in financial statements.
Why is government interested in financial statements?
government interested in a financial statement because of following reasons- 1. for tax assessment 2.for knowing of financial position 3.matching it with other companies to know growth in that company and sector 4. grant subsidy
What is the mission statement of abbey national?
Abbey National is bank in the United Kingdom. The mission of the bank is to help it's customers make sound financial decisions. It also wants to make money for it's stockholders.
Where can one find financial statement software?
CNet is a resource for a variety of downloads, including financial statement software downloads. This software can also be found at Financial Statement Pro and My Financial Statement.
What is a Statutory financial statement?
A statutory financial statement is a financial statement of an insurance company prepared in accordance with statutory accounting standards.
