Answer:
D) Must be reported in a presentation that includes the components of other comprehensive income and their total.
Explanation:
Comprehensive income (net income plus other comprehensive income) must be reported in a presentation that includes the components of other comprehensive income and their total.
Getting rid of old stuff to people who want it instead of throwing it away.
Answer:
Answer is $15,000
$6,000 share of ordinary income plus $9,000 gain for a $50,000 distribution in excess of her $41,000 stock basis.
The net change in the Cash account balance from these three transactions is $30,000
What is the company's net change in cash account balance?
The net change in company's cash balance is the excess of its cash inflows from sources minus its cash outflows from all sources, in other words, the net change in cash balance from the three transactions is the funds raised long-term debt issuance and the amounts paid for equipment and raw materials
net change in cash balance=$200,000-$150,000-$20,000
net change in cash balance=$30,000
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