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Concept Introduction:
A company shares its financial and non financial information with the public in order to keep them inform and attract towards the investment in the company. The public financial information includes the financial statements of the company and non financial information includes the operational information.
To indicate:how might information on a company’s operation in different industries be helpful to investors.
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Explanation of Solution
An investor is always keen to know about the profitability and operational progress of the company. The financial information allows the investor to know the profitability and financial position but it does not fulfill the investor’s need to know about the operations of the company. Hence operational information is also shared with the investors.
Information on a company’s operation in different industries helps the investor to take effective decision on their investments. An investor may not be interested in a company operating in specific industry or an investor may be looking for a company which is operating in a specific industry. Hence operational information guides the investors to choose the business of his choice.
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Chapter 13 Solutions
LOOSE-LEAF Advanced Financial Accounting with Connect
- ?!arrow_forwardDetermine the shares outstanding once the debt is issuedarrow_forwardABC is an all-equity firm that has 44,200 shares of stock outstanding at a market price of $14.70 per share. The firm is considering a capital structure with 53% debt at a rate of 5% and use the proceeds to repurchase shares. Determine the shares outstanding once the debt is issued.arrow_forward
- ABC is an all-equity firm that has 44,200 shares of stock outstanding at a market price of $14.70 per share. The firm is considering a capital structure with 53% debt at a rate of 5% and use the proceeds to repurchase shares. Determine the shares outstanding once the debt is issued. Hiiii tutor give me Answerarrow_forward4 PTSarrow_forwardABC is an all-equity firm that has 44,200 shares of stock outstanding at a market price of $14.70 per share. The firm is considering a capital structure with 53% debt at a rate of 5% and use the proceeds to repurchase shares. Determine the shares outstanding once the debt is issued. Need solutionarrow_forward
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