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All calculations are estimates and offered for informational uses only. Actual quantities might fluctuate.

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Respond to:AIf an operator needed to understand how cash flowed into and out of the organization, which financialstatement would theowner use?

All of the next statements concerning the ratio of liabilities to operator’s equity are real excepta.A ratio of one indicates that liabilities equal proprietor’s fairness.b.Organizations can use this ratio but substitute complete stockholders’ equity for overall operator’sequity.

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All of the next statements concerning the ratio of liabilities to operator’s fairness are true excepta.A ratio of 1 indicates that liabilities equal owner’s fairness.b.Corporations can use this ratio but substitute total stockholders’ fairness for total operator’sequity.

Explore interior and exterior users of accounting details.What regions of accounting providethem withinformation?Give an example of the kind of report Every single style of person could possibly use.

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All calculations are estimates and delivered for informational purposes only. Precise quantities may well fluctuate.

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