what is the correct fomula for comprehensive income
Solution:
Comprehensive Income = Gross Profit Margin – Operating Expenses (+/-) Other Income items (+/-) Discontinued Operations (add if savings, subtract if loss)
Which of the following is the correct computation of comprehensive income? a.Total Stockholders' Equity ± Accumulated Other Comprehensive Income = Comprehensive Income b.Retained Earnings ± Other Comprehensive Income = Comprehensive Income c.Net Income ± Other Comprehensive Income = Comprehensive Income d.None of these choices are correct.
What ASC (s) contain significant guidance for Comprehensive Income and Other Comprehensive Income?
1. What is the relation between Accumulated Other comprehensive Income ( AOCI) and Other comprehensive Income ( OCI) .. 2. . In what way is AOCI similar retained earnings, besides the fact that they are both equity accounts? 3. What are the two formats that companies can use to present their Statement of Comprehensive Income?
What is the difference between Comprehensive Income and Other Comprehensive Income? (include where in the financial statements they are found). Describe the difference between Comprehensive Income and Net Income? What ASC (s) contain significant guidance for Comprehensive Income and Other Comprehensive Income? List at least 5 types of items that belong in Comprehensive Income and Other Comprehensive Income. OCI is presented net of tax—show me an example of how the taxes impact the amount shown and state why “net of...
answer 5. Explain the difference between comprehensive income and other comprehensive income. (1/2 pt) 6. What is the relationship between accumulated other comprehensive income (AOCT) and other comprehensive income? Hint: calculate the difference between beginning and ending AOCI. (1/2 pt) 7. In what way is AOCI similar retained earnings, besides the fact that they are both equity accounts? (1/2 pt)
6. What is the relationship between accumulated other comprehensive income (AOCT) and other comprehensive income? Hint: calculate the difference between beginning and ending AOCI. (1/2 pt) 7. In what way is AOCI similar retained earnings, besides the fact that they are both equity accounts? (1/2 pt) 367 MacBook Air
what is the IUPAC name for the only tertiary amine with the molecular fomula C4H11N
List at least 5 types of items that belong in Comprehensive Income and Other Comprehensive Income.
What is gross income, and why is it less than the Haig Simons comprehensive definition of income? What are tax preferences, and how can tax expenditures be used to evaluate the desirability of preferences?
What is the purpose of a balance sheet? A. to the comprehensive income of a company at a specific point in time B. to show the financial position at a specific moment in time C. to show the financial position during a period of time D. to show the results of operations at a specific point in time