financial managerial accounting

Boeing Company is the largest manufacturer of commercial aircraft in the United States and is a major employer in Seattle, Washington. Explain why each of the following individuals or organizations would be interested in financial information about the company.

Answers

1. Investors: Investors become interested in financial information of companies they are considering investing in to understand their potential returns. For example, investors might look at Boeing's financial statements to assess their performance and make an informed decision on whether to invest. 2. Employees: Employees may be interested in the financial information of their employer to better understand the current financial state of the company and how it could affect their jobs. For example, understanding the company's financial health can indicate how stable or successful their employer is, which could lead to better terms regarding their salaries and employment stability. 3. Airlines: Airlines are highly interested in Boeing's financial information to assess how reliable or stable their aircrafts will be from a long-term perspective. For example, airlines could use the financial health of Boeing to determine if the aircrafts will stand the test of time, ultimately leading to fewer expenses in repairs or replacements. By looking at Boeing's financial performance and prospects, airlines will know that the company is up to date on the latest technology and that the aircraft will be reliable, cost-effective, and efficient. 4. Suppliers: Suppliers would be interested in financial information of Boeing to determine their future demand and, ultimately, their ability to generate profits over the long run. For example, Boeing's financial statements would indicate the demand of their aircrafts and the number of suppliers they will require. Thus, understanding the company's financial performance could help potential

Answered by Leslie Le

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