Explain why credit ratings are important to the users offinancial statements, specifically credit underwriters...

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Accounting

Explain why credit ratings are important to the users offinancial statements, specifically credit underwriters and howthese impact ability to obtain debt upon request.

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Credit Rating act as a link between Risks and return It tells and shows a clear image o the borrower and his paying capability so that the investors know very well where are they investing their funds Credit Rating is of utmost importance to users of financial See Answer

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In: AccountingExplain why credit ratings are important to the users offinancial statements, specifically credit underwriters and...Explain why credit ratings are important to the users offinancial statements, specifically credit underwriters and howthese impact ability to obtain debt upon request.