explain who should be concerned with a company’s financial statements and why they are important other...
explain who should be concerned with a company’s financial statements and why they are important other than investors
Homework Answers
Following are concerned with a company's financial statements:
1. Lenders - To check the capacity to pay back the money borrowed
2. Suppliers - To check the credit worthiness
3. Rating Agencies - To give an informed credit rating of the companies securities
4. Unions - To check the ability to pay compensation
5. Government - For Tax purpose
6.Customers
7.Investors
8. Competitors
Add Answer to:
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