A consolidated statement of comprehensive income for Eli Lilly, a major pharmaceutical, is provided in the following
Question:
REQUIRED:
Define comprehensive income and describe the events that led to the dollar values (positive and negative) associated with foreign currency translation adjustments and net unrealized gains (losses) onsecurities
Transcribed Image Text:
2012 2011 2010 Net income $4,088.6 $4,347.7 $5,069.5 Other comprehensive income (loss): Foreign currency translation adjustments 160.9 (244.8) (325.1) Net unrealized gains (losses) on securities 88.5 178.5 80.8 46.1 $4,150. $3,159.2 $4,871.3 Other items (inc. SFAS 158) Comprehensive income (187.9)(765.2)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (10 reviews)
Comprehensive income includes all nonowner related changes in stockholders equity that do not appear ...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Following is the consolidated statement of comprehensive income for Southwest Airlines for the year ended December 31, 2012: Required 1. Which items were included in comprehensive income? If these...
-
Following is the consolidated statement of comprehensive income for Southwest Airlines for the year ended December 31, 2014: Required 1. Which items were included in comprehensive income? If these...
-
Consolidated Statement of comprehensive Income for year end 30/6/19 P P Gross Revenue 22,505,000 Operating Profit 818,515 Interest Received 1,780 Profit before tax 820,295 Taxation Current 380,825...
-
Define change management and its significance in organizations. Discuss the challenges faced during the process of organizational change and strategies to overcome resistance.
-
A small computer on a smart card has four page frames. At the first clock tick, the R bits are 0111 (page 0 is 0, the rest are 1). At subsequent clock ticks, the values are 1011, 1010, 1101, 0010,...
-
At December 31, 2014, certain accounts included in the Noncurrent Operating Assets section of Salvino Company's balance sheet had the following balances: Land . . . . . . . . . . . . . . . . . . . ....
-
A material having the properties given in Problem 4.3 is subjected to a biaxial tension test, and the biaxial failure stress is found to be \(\sigma_{1}=\sigma_{2}=35 \mathrm{MPa}\). Determine the...
-
Journalize the entries to record the following selected bond investment transactions for Capital Trust: a. Purchased for cash $250,000 of Belmont City 4% bonds at 100 plus accrued interest of $1,500....
-
Imagine that you oversee quality control for a production line in a candy company. The production line is responsible for filling 12 ounces of candy in packages labeled with weight of 12 oz. Package...
-
Read the chapter opener about Jake Loosararian and his company, Gecko Robotics. Suppose Jakes business continues to grow, and he builds a massive new manufacturing facility and warehousing center to...
-
The Wall Street Journal once reported quarterly earnings for the technology company Acer Inc. and the oil company Royal Dutch Shell. In the opening paragraph of the Acer article, it stated that there...
-
The SEC Form 10-K of Google can be found online at www.wiley.com/college/pratt. REQUIRED: Review the Google SEC From 10-K, and answer the following questions: a. Does Google carry investment...
-
Assume that Cathedral Enterprises, which is in its first year of operations, entered into the following transactions. Show how the five transactions affect the accounting equation, and prepare an...
-
Jason Willis just applied for a bank loan to finance a smoothie restaurant that he plans to open. The banker asked Jason if he conducted any primary research to assess the feasibility of the...
-
XYZ stock is valued at $100 per share. It loses 20% in year 1, gains 20% in year 2, and gains 10% in year 3. What is the average annual return? What is the annualized (compounded) average return?
-
USAA is a Fortune 500 insurance and financial services company with 2017 annual sales exceeding $27 billion. The company was founded in 1922 by 25 Army officers who decided to insure each others...
-
What actions, if any, is your company taking to pursue continuous improvement in how it performs certain value chain activities?
-
What, in your own words, does BR entail?
-
What is the molecular shape of NCl 3 ? What is the electron-group geometry around N? Is this a polar molecule?
-
Consider a closed, rigid tank with a volume of 0.8L, filled with cold water initially at 27C. The tank is filled such that there are no voids (air pockets) within. The initial pressure within the...
-
Find the autocorrelation integral of the pulse train 1. \(\quad y(t)=\operatorname{Rect}(t / T)-\operatorname{Rect}\left(\frac{t-T}{T}ight)+\operatorname{Rect}\left(\frac{t-2 T}{T}ight)\).
-
Hughes International is a U.S. company that conducts business throughout the world. Listed below are selected transactions entered into by the company during 2011. 1. Sold merchandise to Royal...
-
International Services entered into a debt covenant requiring it to maintain a current ratio of at least 1.5:1. The company's condensed balance sheet as of December 31 follows: International's...
-
Safeguard Scientifics, Inc. reported the following in its 2008 financial statements. The credit facility required the company to maintain cash collateral equal to the companys borrowings (amounts in...
-
Dahlia Corporation has a current accounts receivable balance of $447,016. Credit sales for the year just ended were $4,950,605. a. What is the receivables turnover? Note: Do not round Intermediate...
-
Crenshaw Inc. is considering a change to activity-based product costing. The company produces two products, cell phones and tablet PCs, in a single production department. The production department is...
-
Alex Corporation reports the following components of stockholders' equity at December 31 of the prior year. Common stock-$25 par value, 50,000 shares authorized, 33,000 shares issued and outstanding...
Study smarter with the SolutionInn App