A Smart,Awan & Baxter (Text,chapter 2)outline Two Types of Investor

question 10

Essay

a Smart,Awan & Baxter (text,chapter 2)outline two types of investor - current and prospective.Briefly describe two general types of information they are interested in,and what they use the information for.
b The text (in chapter 2)further outlines three general types of information needs for managers.Briefly describe these three,and how managers would use this information.
c Creditors are interested in solvency and security.Briefly define and explain these in relation to creditors' needs.

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Definitions:

Dream House

An ideal or fantasy residence envisioned by an individual or family, often encompassing desired features, locations, and amenities.

Cost

The value of financial resources spent in the production of goods or the delivery of services, including direct and indirect expenses.

Model Trains

Scaled-down reproductions of trains, used as a hobby to build and display rail transport scenes.

Rate

A measure used to quantify the frequency, occurrence, or percentage of a certain event or outcome over a specified period or among a specific sample size.