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Who has the first claim to the profits and assets of a firm?
Creditors.
Are bondholders considered creditors in a company's financial structure?
Yes, bondholders are considered creditors in a company's financial structure because they have lent money to the company and expect to be repaid with interest.
Are creditors notified if you receive inheritance money?
Yes, creditors can be notified if you receive inheritance money, particularly if you are in bankruptcy or have outstanding debts. In some jurisdictions, the estate may be required to settle any debts before distributing assets to heirs. Additionally, inheriting money could impact your financial situation, potentially leading creditors to claim a portion of your inheritance to satisfy outstanding debts. It's advisable to consult with a financial advisor or attorney for specific guidance based on your circumstances.
What is the relationship between shareholders and creditors?
Shareholders are the owners of a company, holding equity stakes that represent their claim on the company's assets and earnings. Creditors, on the other hand, are entities or individuals that lend money or extend credit to the company, expecting repayment with interest. While shareholders benefit from the company's success through dividends and capital appreciation, creditors prioritize the repayment of their loans and are typically paid before shareholders in the event of liquidation. This creates a dynamic where shareholders have a residual claim on profits, while creditors have a more secure, contractual claim.
Why trade-creditors-be-interested in financial information-of-a company?
Trade creditors are interested in a company's financial information to assess its creditworthiness and ability to meet payment obligations. By analyzing financial statements, they can evaluate the company's liquidity, profitability, and overall financial health, helping them make informed decisions about extending credit or terms. This information reduces the risk of default and ensures the sustainability of their business relationship. Additionally, understanding a company's financial position can help creditors negotiate better terms or manage their own cash flow effectively.
Who has the first claim to the profits and assets of a firm?
Creditors.
What is accounts payable on a financial statement?
Sundry Creditors
Who are the primary users of financial accounting information?
creditors
What is financial report?
stockholders creditors suppliers and employees
Why do creditors use financial statement analysis?
Creditors use finanical statement analysis because it makes it easier for them.
Are bondholders considered creditors in a company's financial structure?
Yes, bondholders are considered creditors in a company's financial structure because they have lent money to the company and expect to be repaid with interest.
What is external financial reporting?
stockholders creditors suppliers and employees
Are creditors notified if you receive inheritance money?
Yes, creditors can be notified if you receive inheritance money, particularly if you are in bankruptcy or have outstanding debts. In some jurisdictions, the estate may be required to settle any debts before distributing assets to heirs. Additionally, inheriting money could impact your financial situation, potentially leading creditors to claim a portion of your inheritance to satisfy outstanding debts. It's advisable to consult with a financial advisor or attorney for specific guidance based on your circumstances.
Importance of financial statements for creditors?
Importance of Financial statements are declarations of information in financial terms about an enterprise that are believed to be fair and accurate. They describe certain attributes of the enterprise that are important for decision makers, particularly investors (owners) and creditors.
Do Assets always equal the financial interest of creditors plus the financial interest of the owner?
I am wanting you to provide an answer
What is creditors and accruals?
creditors are suppliers for the organasation ..people that we pay for the work done or service rendered.Accruals are invoices not being received inthe current financial year and will paid inthe next financial year however will be recorded in current financial year as part of..
The users of annual report?
shareholders creditors employees customers financial analysts
