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All calculations are estimates and furnished for informational purposes only. Real amounts could range.
All calculations are estimates and offered for informational applications only. True quantities might vary.
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All of the next statements concerning the ratio of liabilities to operator’s fairness are real excepta.A ratio of one suggests that liabilities equivalent proprietor’s equity.b.Companies can use this ratio but substitute total stockholders’ equity for total owner’sequity.
Discuss inner and external end users of accounting information and facts.What areas of accounting providethem withinformation?Give an illustration of the type of report Every form of consumer may possibly use.
All calculations are check here estimates and offered for informational functions only. Precise amounts may perhaps fluctuate.
All calculations are estimates and supplied for informational needs only. Precise amounts could range.
All calculations are estimates and furnished for informational uses only. Genuine amounts might vary.
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Offered the next details:Compute the ratio of liabilities to owner’s equity for on a yearly basis.Round to two decimal spots.
a.cash flow statementb.balance sheetc.statement of cash flowsd.assertion of retained earningsANSWER:AIf an operator desired to understand how money flowed into and from the corporation, which financialstatement would theowner use?