Business, 20.07.2020 01:01 moisesnunez408
Indicate by letter whether each of the items listed below most likely is reported in the income statement as Net Income (NI) or in the statement of comprehensive income as Other Comprehensive Income (OCI).
1. Increase in the fair value of securities available-for-sale
2. Gain on sale of land
3. Loss on pension plan assets (actual return less than expected)
4. Gain from foreign currency translation
5. Increase in the fair value of trading securities
6. Loss from revising an assumption related to a pension plan
7. Loss on sale of patent
8. Prior service cost
9. Increase in the fair value of bonds outstanding; fair value option
10. Gain on postretirement plan assets (actual return more than expected)
Answers: 3
Business, 22.06.2019 21:00
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Which of the following best explains the purpose of a strike? a. to pressure employers to increase the minimum wage. b. to make sure that producers don't make any profit. c. to get employers to submit to collective bargaining. d. to prevent employers from taking industrial action.
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Business, 23.06.2019 12:10
When the united states buys more products than it sells from other countries what is created?
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Indicate by letter whether each of the items listed below most likely is reported in the income stat...
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