All categories

3 years ago

Select the correct presentation for other comprehensive income on the financial statements of Puma Company.

Business

1 answer:

Nesterboy [21]3 years ago

6 0

Answer:

A. Both of these choices are correct.

Explanation:

Both of these choices are correct as they are rightly presented.

Puma Company

Statement of Comprehensive Income

For the Year Ended December 31, 20Y3

Net income $140,000

Other comprehensive income $20,000

Comprehensive income $160,000

Puma Company

Income Statement

For the Year Ended December 31, 20Y3

Sales $625,000

Cost of goods sold $350,000

Gross profit $275,000

Operating expenses $135,000

Net income $140,000

Other comp. income $20,000

Comprehensive income $160,000

You might be interested in

Managers are increasingly viewing the world as "one big marketplace" due to globalization and the interconnectedness of national

Keith_Richards [23]

Answer:

E. Ethnocentric orientation

Explanation:

In the ethnocentric orientation companies do not adapt the product to the other countries in which they have operations. These companies do the same they do in their home country in the other markets and this is a mentality that can result in an inability to see opportunities in other countries as managers are not willing to make changes that can target other markets in a better way.

6 0

3 years ago

Auto insurance is NOT what ?

Minchanka [31]

Answer:

The answer is c.

Explanation:

3 0

2 years ago

Read 2 more answers

The Excellent General Store in City B sells a variety of outdoor clothing items and equipment and several food products at its m

Lyrx [107]

Jenobli 69 21 savage equals no p

6 0

3 years ago

WILL MARK BRAINLIEST!

Ray Of Light [21]

Answer:

What are the two primary ways you can make tax payments? You can make tax payments by having it set up to be automatically withdrawn from your bank account, or you can pay your taxes directly by sending in a check or calling to set up a payment arrangement on the taxes owed.

What is one other way you can pay? The other way to pay your taxes is to have your refund directly sent to them until your balance is paid in full.

3- If you can’t pay immediately, what is one course of action you can take? What are the criteria?

Again, one course of action to pay your taxes is to have your refund directly sent to bureau that you owe. The criteria is that you get penalized and the state can charge you extra interest rate fees if not paid by a certain time

Explanation:

3 0

3 years ago

Identify three likely affects of an increasing global population

Rom4ik [11]

Answer:

(1) effects of large families on child development, (2) educational problems, (3) lags in new technology, (4) increased inequities in agriculture, (5) unemployment and underemployment.

Explanation:

you can choose 3 from those.

6 0

3 years ago