Accounting information is used by investors and creditors of a company to predict
Answer Details
Investors and creditors of a company use accounting information to predict the future cash flows of the company. By analyzing financial statements such as the balance sheet, income statement, and statement of cash flows, they can gain insights into a company's financial health, profitability, liquidity, and ability to generate cash in the future. This information can be used to make investment and lending decisions, as well as to evaluate a company's overall performance and potential for growth.