Essay
Explain why each of the following persons or groups would be interested in seeing the financial statements of a company.Also state whether each has a direct or indirect financial interest.
a.Potential investor
b.Internal Revenue Service
c.A labor union
d.Securities and Exchange Commission
e.Potential creditor
f.Management
g.Economic planners
Correct Answer:
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a.To help determine if the prospects for...View Answer
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