ACCOUTING PRIN SET LL INCLUSIVE
14th Edition
ISBN: 9781119815327
Author: Weygandt
Publisher: WILEY
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Who will be a user of financial statements, and what will they be used for?
Question 17 options:
Lenders will use financial statements to decide whether to invest in a company.
Investors will use financial statements to decide whether to lend money to a company.
The marketing department is interested in the operating income figures in the financial statements.
Managers will use financial statements to make decisions about their company.
2. Discuss how using debt ratios applies to your personal finances.3. What does the P/E ratio or EPS tell you about a companies’ overall financial condition? 4. What industry statistics can a business use for comparison?5. How can they use that information in their business? Please give a specific example.
1. What are the primary lines of business of What are the primary lines
of business of magna and general motors companies as shown in their
notes to the financial statement?
2.
Which company has the dominant position in their industry?
3.
What are the gross profits, operating profits, and net income for these
two companies?
Kindly check the respective websites and provide a solution.
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- with the help of the statement of income of the company attached please answer the below: 1: evaluate the companies on the basis of its financial strenght for lending purposes. will you select this company for lending? Why?arrow_forwardExploring a Corporation's Financial Statements Use Yahoo Finance to complete this assignment. Please note that website information changes over time, and these changes may limit your ability to answer some of these questions. Using financial websites such as finance.yahoo.com and money.msn.com, you can access a wealth of financial information for companies such as Tesla, Inc. By entering the company's ticker symbol, TSLA, you will be able to access a great deal of useful information, including a summary of what Tesla does (Profile), a chart of its recent stock price (Summary), EPS estimates (Analysts), recent news stories (Summary), and a list of key financial data and ratios (Statistics). In researching a company's operating performance, a good place to start is the recent stock price performance. From an interactive chart, you can obtain a chart of the company's stock price performance and compare it to the overall market (as measured by the S&P 500 index). As you will see, Tesla has…arrow_forwardWhat is the role of the Finance Manager of a company? What is their biggest value to a company? How to Financial managers use Balance Sheet information? How would the finance manager use financial ratios in their job?arrow_forward
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