Author Question: Financial reports are used by a. management b. creditors c. investors d. all are ... (Read 69 times)

big1devin · **on:** Jul 6, 2018

Financial reports are used by
a. management
b. creditors
c. investors
d. all are correct

Question 2

Assume that the city foreclosed on a piece of property with a fair market value of 5,000 . It has an assessed value for taxes of 4,000 . The outstanding amount of taxes and penalties due on the property totals 3,500 .

Normally, the city would value the foreclosed property at
A. 0.
B. 3,500.
C. 4,000.
D. 5,000.