
Part A
Introduction: Accounting is the language of business used by all types of organizations to communicate financial information to its users for better decision making. The users of accounting information are divided into internal and external users, internal users are those who are associated with the organization directly such as managing employees, etc. Whereas external users are stakeholders who are affected by the organization such as creditors, governments, etc.
The user of accounting information from the given questions asked.
Part B
Introduction: Accounting is the language of business used by all types of organizations to communicate financial information to its users for better decision making. The users of accounting information are divided into internal and external users, internal users are those who are associated with the organization directly such as managing employees, etc. Whereas external users are stakeholders who are affected by the organization such as creditors, governments, etc.
The user of accounting information from the given information.

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Chapter 1 Solutions
FINANCIAL ACCT.FUND.(LOOSELEAF)
- Sunset Industries has a debt-to-equity ratio of 1.25, a ROA (Return on Assets) of 7.5%, and total equity of $800,000. What are the company's equity multiplier, debt ratio, and ROE? (Round equity multiplier to 2 decimal places, debt ratio to 3 decimal places, and ROE to 1 decimal place.)arrow_forwardWhat is its return on equity ROE?arrow_forwardAccounting answerarrow_forward
- Accounting answer?arrow_forwardCompute net income under variable costing?arrow_forwardThe Willow Mills Company mills barley into flour. The equivalent units are measured in terms of tons of flour produced. At the beginning of the year, the mill contained 25tons of barley that was 40 percent milled. During the year, another 600 tons of barley were completely milled. At the end of the year, the company has 50 tons of barley 70 percent milled. How many equivalent tons of barley has Willow Mills Company milled during the year? Answerarrow_forward
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