Explain the formula for assets.

Question

Explain the formula for assets. What is the function of creditos? What are the risks involved in investing in a business?

Expert · Accepted Answer

Chapter 1: Financial Statements and Business Decisions     *Recognize the information conveyed in each of the four basic    financial statements and the way that it is used by different       decision makers (investors, creditors, and managers)*     *Identify the role of generally accepted accounting principles     (GAAP) in determining financial statement content and how   companies ensure the accuracy of their financial statements.*  UNDERSTANDING THE BUSINESS  Stockholders = An individual, group, or organization that holds  one or more shares in a company, and in whose name the share certificate is issued. (Also called shareholder)      Creditors are more wiling to lend and stock prices usually      rise when creditors and investors e

Explain the formula for assets.

Explain the formula for assets.
Description

School: Lehigh University

Department: Accounting

Course: Introduction to Financial Accounting

Professor: Joseph manzo

Term: Fall 2016

Tags:

Cost: Free

Name: Chapter 1 Notes

Description: First couple pages of the Chapter 1 Textbook Notes

Uploaded: 08/27/2016

Explain the formula for assets.

Explain the formula for assets. Description

School: Lehigh University

Department: Accounting

Course: Introduction to Financial Accounting

Professor: Joseph manzo

Term: Fall 2016

Tags:

Cost: Free

Name: Chapter 1 Notes

Description: First couple pages of the Chapter 1 Textbook Notes

Uploaded: 08/27/2016

Explain the formula for assets.
Description