Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

1. Suppliers A. They want to know how profitable the business is. Their return depends on the profit that the business generates. B. Wish to

image text in transcribed
1. Suppliers A. They want to know how profitable the business is. Their return depends on the profit that the business generates. B. Wish to ensure that the business has the financial strength to continue selling the goods and services that they buy. 2. Providers of Activity: finance like banks and other loan Match providers the 3. Owners stakeholder (Shareholders) with their interest in 4. Managers the business 5. Employees C. Accounting information helps them take decisions for the business. D. They want to see the tax due by the business on profits and that Value Added Tax (VAT) has been paid (HMRC). E. Assess the performance and the potential growth of the business. F. They want to know if the business can pay the interest and make loan repayments. G. They want to make sure that the business can pay for the supplies received. H. They want to know how safe their job is. Prospects of salary increase. 6. Potential investors 7. Customers 8. Government/Tax authorities

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Data Analysis And Decision Making

Authors: Christian Albright, Wayne Winston, Christopher Zappe

4th Edition

538476125, 978-0538476126

Students also viewed these Accounting questions