199. Potential stockholders and lenders are interested in a company"s financial statements. Several financial statement items appear below. Answer the questions that follow. Accounts receivable Accounts payable Advertising expense Cash Depreciation expense Income taxes Common stock Land held for future expansion Dividends Retained earnings Loss on the sale of equipment Service revenue Office supplies Patent amortization expense Sales Unearned revenue Utilities expense A) List the two items from above in which stockholders would be most interested. Explain why the two you selected are important to stockholders. B) In which one item would lenders be most interested? Explain why this item is important. | |
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