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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).
Items :
_____ 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)
security pension services helps clients to set up and administer pension plans that are in compliance with tax laws and
The April 1st inventory is 800 units; if the company's management wants ending inventory each month equal to 10% of the next month's sales, how many units should be purchased for May?
a company must decide between scrapping or reworking units that do not pass inspection. the company has 15000 defective
perch co. acquired 80 of the common stock of float corp for 1600000. the fair value of floats net assets was 1850000
during its first month of operation the flower landscaping corporation which specializes in residential landscaping
airmeals inc. prepares in-flight meals for a number of major airlines. one of the companys products is stuffed
Generally accepted accounting principles
prepare journal entries to record the following production activities for sherman manufacturing.a. dec. 28incurred
Examine the effect of changes in the variable cost / fixed cost structure of the company on cost- volume analysis decisions by managers.
Compute the village operating margin (a) for the General Fund and (b) for the General, Debt Service, and Library Funds aggregated.
small motors inc which is currently operating at full capacity has sales of 29000 current assets of 1600 current
how is the portion of consolidated earnings to be assigned to non-controlling interest in consolidated financial
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