why owners are interested in accounting information Business
Answers
Answered by
4
Answer:
Stockholders have the right to know how a company is managing its investments. ... Banks or lending institutions may use accounting information to guide decisions such as whether to lend or how much to lend a business. Investors will also use accounting information to guide investment decisions.
Answered by
1
Answer:
Owners are also interested in knowing how risky their business is. Accounting information helps owners in assessing the level of stability in business over the years and to what extent have changes in economic factors affected the bottom line of the business.
Similar questions