2 01.55 Accumulated other comprehensive income is reported: Multiple Choice In the balance sheet as an...
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2 01.55 Accumulated other comprehensive income is reported: Multiple Choice In the balance sheet as an asset. In the balance sheet as a liability. In the balance sheet as a component of shareholders' equity. In the statement of comprehensive income. 1 0056 Yellow Enterprises reported the following ($ in thousands) as of December 31, 2021. All accounts have normal balances. Deficit (debit balance in retained earnings) Common stock Paid-in capital-share repurchase Treasury stock (at cost) Paid-in capital-excess of par During 2022 ($ in thousands), net income was $9,800; 25% of the treasury stock was resold for $580; cash dividends declared were $780: cash dividends paid were $490. What ($ in thousands) was shareholders' equity as of December 31, 2021? Multiple Choice $ 3,000 3,700 1,900 210 31,600 $39,990 What ($ in thousands) was shareholders' equity as of December 31, 2021? Multiple Choice. $39,990. O $32,090 $33.990 $34.410. 2 01.55 Accumulated other comprehensive income is reported: Multiple Choice In the balance sheet as an asset. In the balance sheet as a liability. In the balance sheet as a component of shareholders' equity. In the statement of comprehensive income. 1 0056 Yellow Enterprises reported the following ($ in thousands) as of December 31, 2021. All accounts have normal balances. Deficit (debit balance in retained earnings) Common stock Paid-in capital-share repurchase Treasury stock (at cost) Paid-in capital-excess of par During 2022 ($ in thousands), net income was $9,800; 25% of the treasury stock was resold for $580; cash dividends declared were $780: cash dividends paid were $490. What ($ in thousands) was shareholders' equity as of December 31, 2021? Multiple Choice $ 3,000 3,700 1,900 210 31,600 $39,990 What ($ in thousands) was shareholders' equity as of December 31, 2021? Multiple Choice. $39,990. O $32,090 $33.990 $34.410.
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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
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8th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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