question 1 a assume that you are a managing director of a company gene
a. Assume that you are a managing director of a company, generally instruct your accountants to
prepare financial statements for the company's stakeholders. Who are the main stakeholders of
the firm. Do these stakeholders really care about this information. Why or why not? How does
stock market react to announce of accounting information including earnings and dividends?/nb. The company's credit officer recently approached a local bank for a loan arrangement. However,
the credit department of the bank declined to sanction the loan. Critically explore at least three
factors why such decision was made by the bank?/nC.
As a managing director of the company, with the objective to improve shareholders' wealth,
how does a firm improve shareholder equity with clear example? From Financial Accounting
perspective, why does accounting equation is matter for firm's management and its
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