Ask Question
6 January, 08:54

Which of the following is an other comprehensive income item found in the statement of stockholders equity? a. Extraordinary items b. Earnings before income & taxes (EBIT) c. Unrealized marketable securities gains & losses d. Contingencies

+4
Answers (1)
  1. 6 January, 09:04
    0
    The correct answer is b. Earnings before income & taxes (EBIT)

    Explanation:

    Contingencies are not disclosed in the financial statements usually, they are disclosed under disclosures in the financial statements. Also, unrealized gains and extraordinary items are not necessarily showed under the equities statement. However, earnings of a company belongs to its owners, or the shareholders. Because of this EBIT is included.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following is an other comprehensive income item found in the statement of stockholders equity? a. Extraordinary items b. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers