Which of the following is true of comprehensive income? A. All items included in
ID: 2493124 • Letter: W
Question
Which of the following is true of comprehensive income?
A. All items included in comprehensive income enter into the determination of net income.
B. Comprehensive income cannot be combined with a traditional income statement into a combined statement of comprehensive income.
C. Comprehensive income includes company changes in total stockholders' equity from all sources, including owners' investments.
D. Dividend payments are not included in the determination of comprehensive income, even though it results in a decrease in total stockholders' equity.
Explanation / Answer
C. Comprehensive income includes company changes in total? stockholders' equity from all? sources, including? owners' investments.