财务报表分析与运 杰拉尔德 课后答案英文版第一章.docVIP

Chapter 1 - Solutions Overview: Problem Length Problem #s {S} 1 to 23 [M] 24 1.{S}(i) Short-term lenders are concerned primarily with liquidity. Accounting standards would focus primarily on near-term cash flows and might include cash flow forecasting. Performance reporting would likely emphasize cash-based measures. (ii) Long-term equity investors are primarily concerned with the earning power of the firm. Income measurement would be the focus of standards for such users. (iii)Tax authorities are concerned with the generation of tax revenue. Accounting standards might limit the