Equity Income is recognized based on the net income of the investee company rather than from dividends.
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Equity Income is recognized based on the net income of the investee company rather than from dividends. While this approach may have theoretical merit, what potential problems might this cause for your evaluation of the cash-flow-generating ability of the investor?
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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