Identify a company, business, or organization in your community (it can be one for which you work), and share some examples of current and long-term liabilities for that company. Reflect on the financial statement presentation requirements for the company's current and long-term liabilities. Based on what you have learned, what changes would you make, if any? Why, or why not?
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- Investors analyze the financial statements to____________. Decide whether the company has the ability to repay interest and the principal Decide whether the company will buy new assets Determine whether the company would provide employment opportunities Determine the financial viability of the company and estimating its future performancePlease help with explaining how I can answer the following if I chose the role of an investor: choose the role of an investor, creditor, taxpayer, or benefactor of one of the organizations they have presented. Referring to the information provided by your classmates related to the informational needs of the user group you have chosen, state whether the objectives of financial reporting they have listed meet your needs, whether any additional information is needed by your user group, and why this information would be beneficial to the financial decisions you would need to make. Are there any additional objectives that should be listed for your user group, if so what are they? How do your needs differ from the other user groups? The information is below: For both our initial discussion and my final project, GEB will be the nonprofit (NFP) organization I study along with Peekskill, NY as the local government. Both are in neighboring towns to my home base. Home Depot will be the…If an outside investor decides to invest in a company, which financial statement is more essential, the Balance Sheet or the Income Statement? Explain why you made the decision you did.
- Which of the following would be part of a financial manager's investment decision? *a. Collecting receivables from customersb. Paying loansc. Allocating funds for permanent current assetsd. Paying dividends to shareholdersInvestors and creditors use the income statement to answer what types of inquiries regarding the company's financial future?In the current financial environment, what characteristic of accounting date (timeliness, completeness, accuracy) do you feel is the most important for external investors
- While assisting the accounting department with completing the current year's financial statements, you have been asked to review a list of contingent liabilities. How would a manager, review the list of contingent liabilities and determine their probability?Question - A formalized report that summarizes your current financial situation, analyzes your financial needs, and recommends future financial activities is: the life cycle model a balance sheet a personal financial plan a tax returnYou are to prepare a balance sheet for a hypothetical business entity of your choosing (or specifiedby your instructor). Include in your balance sheet the types of assets and liabilities that you thinkthe entity might have, and show these items at what you believe would be realistic dollar amounts.Make reasonable assumptions with regard to the company’s capital stock and retained earnings.Note: The purpose of this assignment is to help you consider the types of assets and liabilitiesrequired for the operations of a specific type of business. You should complete this assignmentwithout referring to an actual balance sheet for this type of business.
- Think of a business that you either work at or would like to own. What long-term assets do they have or would you need to own?Which of the following users assesses the attractiveness of investing in a business A. Bank B. Employees C. Financial Analysts D. Tax authoritiesWhat is your opinion of the organization's financial strength Do you see any significant financial trends