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Question :
Subsequent are a number of users of accounting information and examples of a question they need answered before making decisions. Fill in each blank to show whether the user is more probable to find the answer by looking at the income statement (IS) , the statement of retained earnings (RE), the balance sheet (BS), or the statement of cash flow (SCF).
USER
stockholder
Banker
Supplier
Advertising account manager
Question
1. How did this years sales compare to last years?
2. How much debt does the company previously have on its books?
3. How much does the company presently owe its suppliers?
4. How much did the company pay in dividends this past year?
5. How much did the company spend this past year to produce sales?
6. What collateral or security will the company provide to make sure that any loan i make will be repaid?
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
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Explain the IASB Conceptual Framework's perspective of users and their decisions.
T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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