Read note 2(s) to Rogers ' financial statements called Use of Estimates Why do you think this note is included in the statements How does it help stakeholders What does the note caution stakeholders Do you think Rogers ' financial statements would be more useful if there were no estimates Explain W...

The note on estimations is included in the financial statement so that stakeholders are aware that n ...

Read note 2(s) to Rogers' financial statements called Use of Estimates. Why do you think this note

Question:

Read note 2(s) to Rogers' called "Use of Estimates." Why do you think this note is included in the statements? How does it help ? What does the note caution ? Do you think Rogers' would be more useful if there were no estimates? Explain. What are some estimates Rogers' management would have to make with respect to revenue and revenue recogniton?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...