Refer to the example of Mary's cooker business used earlier in the chapter. Briefly describe the principal group of users of financial information who are likely to have an interest in Mary's financial statements, and the reasons for their interest.

(You may find it helpful to refer back to the list of user groups provided in Table 5.1 in Chapter 5.)

140 | SECTION 2. FINANCIAL ACCOUNTING Exercises: answers available to lecturers