Register
Which of the following is an other comprehensive income item found in the statement of stockholders equity? a. Extraordinary items b. Earnings before income & taxes (EBIT) c. Unrealized marketable securities
70.4k views
3 votes
Which of the following is an other comprehensive income item found in the statement of stockholders equity? a. Extraordinary items b. Earnings before income & taxes (EBIT) c. Unrealized marketable securities gains & losses d. Contingencies

User Halifax
by
5.0k points

1 Answer

5 votes

Answer:

The correct answer is b. Earnings before income & taxes (EBIT)

Step-by-step explanation:

Contingencies are not disclosed in the financial statements usually, they are disclosed under disclosures in the financial statements. Also, unrealized gains and extraordinary items are not necessarily showed under the equities statement. However, earnings of a company belongs to its owners, or the shareholders. Because of this EBIT is included.

User Tenders McChiken
by
5.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.8m questions

7.5m answers

Other Questions

_____ reminds customers and clients that they made a good choice in selecting a company with which to do business, or it reminds them of the good qualities of their purchase.​
On august 1 the darius co. purchased a photocopy machine for $8,000. the estimated annual depreciation on the machine is $1,680. if the company prepares annual financial statements on december 31, the
When president obama was elected, the u.s. economy was in trouble, and has slid into a recession. consumer spending was low and getting worse. in an effort to stop the decline, president obama proposed
Ensuring that an individual is who they claim to be is the function of _____. select one: a. confidentiality b. authorization c. availability d. authentication e. nonrepudiation
The current market price for good y is above the equilibrium price, and then the price of a subsitute good, x, increases. the demand curve for good y shifts as a result. what is the likely outcome of the
Link Copied!