A company reported the following selected information (in thousands): Instructions Explain whether other comprehensive income would affect

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A company reported the following selected information (in thousands):

Instructions

Explain whether other comprehensive income would affect your analysis of this company?s profitability, and if so, how.

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Accounting Principles Volume 2

ISBN: 978-1119502555

8th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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Question Posted: Feb 20, 2020 12:31 PM

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A company reported the following selected information (in thousands): Instructions Explain whether other comprehensive income would affect

Question:

2021 2020 2019 Profit Other comprehensive income (loss) Total comprehensive income (loss) $933 (117) 816 $ 867 793 1,660 $1,321 (2,658) (1,337)

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Most financial analysis ratios exclude other comprehensive income There are no stan...View the full answer

Accounting Principles Volume 2

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