Wednesday, November 19

Comprehensive income and other items affect owner’s equity

Comprehensive income
A measure that includes all changes to equity other than owner contributions and distributions.

Transaction with owners include:
· Issuing or reaquiring stock
· Dividend paid

Transaction include in other comprehensive income
· Foreign currency translation gains and losses
· Adjustments for minimum pension liability
· Unrealized gains and losses from cash flow hedging derivatives
· Unrealized gains and losses from available-for-sale securities

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