20 Feb Following are a number of users of accounting info
Following are a number of users of accounting information and examples of a question they need answered before making decisions. Fill in each blank to indicate whether the user is more likely to find the answer by looking at the income statement (IS) , the balance sheet (BS), the statement of retained earning (RE) , or the statement of cash flow (SCF).USERstockholderBankerSupplierAdvertising account managerquestion1. How did this years sales compare to last years?2. how much debt does the company already have on its books?3. how much does the company currently 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 generate sales?6. what collateral or security can the company provide to ensure that any loan i make will be repaid?
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