Question

which of the following groups uses accounting information to determine whether the company's net income will...

which of the following groups uses accounting information to determine whether the company's net income will result in a stock price increase?
Chief financial officer
Investors in common stock
Creditors or marketing managers

Homework Answers

Answer #1

Answer:

Option B: Investors in common stock

Explanation:

Among the various groups, investors in common stock are known as the owners of the company.

They are the independent group of people who uses accounting information to determine whether the company's net income will result in a stock price increase.

Chief financial officer and creditors or marketing managers are company's internal people and accordingly, these are not the group of people who uses accounting information to determine an increase in stock prices.

Hence, it can be concluded that-

Option 'B' is correct and rest all are incorrect.

In case of any clarification or doubt, please feel free to comment.

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