Answer:
Forensics accounting analysis
Explanation:
Forensic accounting analysis uses auditing (accounting) and investigative skills to determine whether the financial reports of a company or an individual are valid (i.e. true). This technique can also be used to determine how certain abnormal transactions occurred and who was responsible for carrying them out.
If inc. jones reported net income of $60,000 during the period. rex will report its 30% of the earnings with a <u>credit</u> to earnings from equity method investment in the amount of <u>$18,000</u>.
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Equity method investment</h3>
Since rex. co hold 30 percent of the shares of stock in jones inc which in turn means that jones will report 30% of the earning (net income) which is $18,000 calculated as (30%×$60,000).
The amount of the earnings which is $18,000 will be credited to earning from equity method investment.
Equity method investment=30%×$60,000
Equity method investment=$18,000 (credited)
Therefore If inc. jones reported net income of $60,000 during the period. rex will report its 30% of the earnings with a <u>credit</u> to earnings from equity method investment in the amount of <u>$18,000</u>.
Learn more about Equity method investment here:brainly.com/question/18187746
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Answer:
The Intrinsic value is calculated by multiplying the Earnings per share by the P/E ratio.
1. The lowest P/E ratio is 21.37 so the intrinsic value is;
Intrinsic value = 2.1 * 21.37
= $44.88
2. Highest P/E ratio is 23.49
Intrinsic value = 2.1 * 23.49
= $49.33
3. The average P/E ratio is;
= (22.07 + 23.49 + 21.37)/3
= 22.31
Intrinsic value = 2.1 * 22.31
= $46.85
One of the most valuable sources firms have at their disposal is a rich cache of customer information and purchase history from their day-to-day operations, which is a type of Internal secondary data
Explanation:
<u>Internal secondary data:</u> It is the data that is obtained from within the organization.
A company's internal data, such as the sales and marketing data , customer information system , product purchasing and usage data are few example of Internal secondary Data
