Forensic and investment | Accounting homework help

Please answer the below and submit in a word document. Be careful, make sure to avoid plagiarism and to use quotation marks and proper citation as required. Use APA format for citations and the required References page. 

Chapter 17: Exercise 1 

Why would a forensic accountant need to perform a business valuation? Can people not just look up the value at a particular date on the appropriate stock exchange? Explain.

Chapter 17: Exercise 17 

The XYZ Company is a closely held family manufacturing business. During the last five years, the company has experienced earnings of $700, $750, $400, $800, and $950 (all amounts in $1,000). The valuation expert has determined that the most appropriate approach is to use the income method with weighted average income as the most logical basis for measuring earnings. The expert weights the income so that the most recent years of earnings are the most important. Also, assume that considering the small size of the business relative to its competitors, the most appropriate price-earnings ratio is 9. Also, assume that the purpose of this valuation is to determine the value of the 12 percent equity in the business owned by the firm’s long-time director of R&D and manufacturing who has decided to retire from the business. After careful analysis the valuation expert has determined that the loss of this key employee discount is 10 percent, and the minority interest discount is 30 percent. Determine the value of the 12 percent interest of the retiring employee.

Chapter 17: Exercise 19 

Two partners, Jones and Smith, owned and operated a successful dairy business together for 15 years. The business processed dairy products and operated a popular retail ice cream store. During the past year, the two partners have had an increasing number of serious arguments about how to operate the business and about planned future expansion of the business. Both partners have agreed that they no longer can operate the business together. Either partner is willing to sell his share of the business to someone else and to get out of the dairy business altogether. An independent appraiser has valued the total value of the business at $1.5 million. Partner Jones owns 49 percent of the business, and Partner Smith owns 51 percent of the business. What is the value of each partner’s share of the business? What was the basis for your evaluation of the partners’ share of the business?

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more