Which of the following is an external user of accounting information quizlet?

$40,000

A company's activities are divided into three categories: (1) operating activities, (2) investing activities, and (3) financing activities. Operating activities include selling products and/or services, paying suppliers (e.g., buying inventory), employees workers, etc. Cash flows from operating activities are increases by collecting cash for operating activities (e.g., collecting cas from customers) and decreased by paying cash for operating activities (e.g., paying cash to employees for hours worked, paying cash to suppliers for inventory, etc.). This company's net cash provided by operating activities include (i) cash collected from customers, (ii) salaries paid for salaries, and (iii) cash paid for goods and services
Net cash flow provided by operating activities = $260,000 - 130,000 - 90,000 = $40,000
Note: Not all cash collections and/or cash payments are operating activities. Some are investing activity cash flows (e.g., paying for property, plant, and equipment, etc.) and others are financing activity cash flows (e.g., paying dividends to shareholders, collecting cash from lenders [e.g., borrowing from banks], etc.).

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If a company is considering the purchase of a parcel of land that was acquired by the seller for $85,000, is offered for sale at $150,000, is assessed for tax purposes at $95,000, is considered by the purchaser as easily being worth $140,000, and is purchased for $137,000, the land should be recorded in the purchaser's books at:

If a company uses $1,300 of its cash to purchase supplies, the effect on the accounting equation would be:

A. Assets increase $1,300 and liabilities decrease $1,300.

B. One asset increases $1,300 and another asset decreases $1,300, causing no effect.

C. Assets decrease $1,300 and equity decreases $1,300.

D. Assets decrease $1,300 and equity increases $1,300.

E. Assets increase $1,300 and liabilities increase $1,300.

If a company receives $12,000 from the owner to establish a proprietorship, the effect on the accounting equation would be:

A. Assets decrease $12,000 and equity decreases $12,000.

B. Assets increase $12,000 and liabilities decrease $12,000.

C. Assets increase $12,000 and liabilities increase $12,000.

D. Liabilities increase $12,000 and equity decreases $12,000.

E. Assets increase $12,000 and equity increases $12,000.

On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $20,500; Accounts Receivable, $7,250; Supplies, $650; Equipment, $12,000; Accounts Payable, $9,300. What is the amount of owner's equity as of May 31 of the current year?

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Which of the following is an external user of accounting information?

Who are the external users of account?

Which of the following is not considered an external user of accounting information?

Which of the following is an example of external user?