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FrozenT [24]
3 years ago
14

What is the purpose of reporting comprehensive income?A. To provide a consolidation of the income of the firm's segments.B. To r

econcile the difference between net income and cash flows provided from operating activities.C. To provide information for each segment of the business.D. To summarize all changes in equity from non-owner sources.
Business
1 answer:
jek_recluse [69]3 years ago
6 0

Answer:

Option D                  

Explanation:

Comprehensive earnings reporting is intended to provide a summary of all adjustments in a corporation's equity arising from acknowledged exchanges as well as other time commercial activities other than dealings with holders in their capacities as shareholders.

If included with the fiscal reports with associated reports and other details, the details generated by disclosing detailed income will assist stakeholders, lenders as well as others in determining the operations of a business, and the duration and extent of potential cash streams of a business.

You might be interested in
The phases of project management are: A. planning, scheduling, and controlling. B. planning, programming, and budgeting. C. plan
o-na [289]

Answer:

A. planning, scheduling, and controlling.

Explanation:

The phases of project management are -

1. Initiation

2. Planning

3. Execution - Scheduling

4. Control

5. Close

Option A is correct because the answer includes the 2nd, 3rd, and fourth phases of project management.

Option B is wrong because programming is not a phase of project management. Option C is a combination of management functions. Therefore, it is incorrect. Option D is not correct as the service project is not different from the manufacturing project. Option E is the project management technique.

4 0
3 years ago
If a delivery driver cannot successfully complete a delivery that contains alcohol, they must:
barxatty [35]

Answer:

return the order to the retailer

3 0
1 year ago
You are trying to find out how high you have to pitch a water balloon in order for it to burst when it hits the ground. You disco
lora16 [44]

Answer:

17.15 m/s

Explanation:

This is a case of free fall, so we can use the next equation:

v_{f}^2=v_{i}^2+2gh

where

v_{f} is the final velocity

v_{i} is the initial velocity (0 in this case)

g is the acceleration of gravity 9.8m/s^2

and h is the height at wich the ballon was pitched.

So we have:

v_{f}=\sqrt{v_{i}^2+2gh} =\sqrt{0^2+2(9.8m/s^2)(15m)} =\sqrt{294m^2/s^2} =17.15m/s

The final velocity, the velocity of the ballon when it hits the ground is 17.15m/s.

5 0
2 years ago
Mateo exchanges a rental house at the beach with an adjusted basis of $225,000 and a fair market value of $200,000 for a rental
FromTheMoon [43]

Answer:

a.$0

Explanation:

Adjusted basis is the cost of a property and other related costs incurred in acquiring, maintaining, or upgrading the property.

Fair value represent the worth of a property. It is the amount that one should expect to fetch from the market if they were to sell the property.

The fair value or the worth for Mateo's rental house is $200,000. He obtains another rental house with a fair value of $180,000 and cash $20,000.

He exchanged property worth  $200,000 for $200,000

7 0
2 years ago
Colby Corporation has provided the following information: Operating revenues from customers were $207,700. Operating expenses fo
wel

Answer:

$46,700

Explanation:

Operating revenue

$207,700

Less:

Operating expenses

($119,000)

Operating profit

$88,700

Less:

Interest expense

($8,700)

Income tax expense

($37,000)

Net income

$43,000

Add:

Gain from sale

$3,700

Total net income

$46,700

Therefore, Colby's net income is $46,700

6 0
2 years ago
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