Public companies report quarterly and annually on their success or failure in making a net income. The following appeared in Walgreen’s annual report: “We continue to expand into new markets and increase penetration in existing markets. . . . The net earnings increase resulted from increased sales. . .”19 Your instructor will divide the class into groups representing the following users. Discuss why the user your group is representing needs accounting information. 

Be prepared to discuss in class. 

1. The management of Walgreens 

2. The stockholders of Walgreens 

3. The creditors of Walgreens 

4. Potential stockholders of Walgreens 

5. The Internal Revenue Service 

6. The Securities and Exchange Commission 

7. The Teamsters’ union

8. A consumers’ group called Public Cause 

9. An economic adviser to the president of the United States