Stakeholder Interest Flashcards
1
Q
What are examples of stakeholders?
A
Shareholders, suppliers, customers, employees and the bank
2
Q
Why are shareholders interested in the financial documents of a business?
A
Stakeholders are interested in the financial documents as
3
Q
What is a Balance Sheet and what does it show?
A
A Balance Sheet shows the assets and liabilities of a business, it shows a business’s worth at any particular point in time, it is a snapshot of one specific time.
It also shows the net assets which are the total equity, and the net current assets can be calculated using Working Capital
4
Q
What is Profit Quality?
A
D
