State the nature of accounting information required by long-term lenders.

Solution:- Long-term lenders are interested in the accounting information of a company. Because they give loan to  a business only after seeing the statement of a  company . These statements give lender information about repaying capacity of a company and many more. The lenders Collect the information like liquidity of a company, earning capacity of  company ,estimated growth rate and operations of a company . After collecting these  information the financial company uses to give long term loans and other borrowing they give long term loan only if they satisfied by onthrt persi