Question: Current U . S . GAAP permits firms to display the components of other comprehensive income in which of the following formats? Multiple Choice as
Current US GAAP permits firms to display the components of other comprehensive income in which of the following formats?
Multiple Choice
as a part of the statement of cash flows.
as part of the statement of changes in stockholders equity.
in a twostatement approach, one in which net income comprises one statement and a second, which presents a separate statement of comprehensive income.
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