Question

O'Reilly Beverage Company reported net income of $650,000 for 2011. In addition, the company deferred a $60,000 pretax loss on derivatives and had pretax net unrealized holding gains on investment securities of $40,000. Prepare a statement of comprehensive income for 2011. The company's income tax rate is 40%.



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  • CreatedJune 24, 2013
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