Other comprehensive income, Accounting Basics

+44 141 628 6080
[email protected]

Other comprehensive income

The following information relates to California Coffee Beans for 2007: net income $724.210 million; unrealized holding loss of $30.819 million related to available-for-sale securities during the year; accumulated other comprehensive income of $42.980 on October 1, 2006.

a) other comprehensive income for 2007

b) comprehensive income for 2007

c) accumulated other comprehensive income at September 30, 2007

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Other comprehensive income

Reference No:- TGS0711238

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : What ror per month will an entrepreneur make

What ROR per month (nearest to) will an entrepreneur make over a 2 year project period if he invested $90,000 to produce portable 12-volt air compressors? His estimated monthly costs are $25,000 with income of $33,000 per month.

Q : How much is the monthly break-even level of sales

Sutton company produces flash drives for computers, which it sells for $20 each. The variable cost to make each flsh drive is $13. During April, 700 drives were sold. Fixed costs for April were $2 per unit for a total of $1,400 for the month.

Q : The sales clerks in division

During June, the sales clerks in Division F received salaries totaling $39,800. Assume that during July the salaries of these sales clerks are discontinued.

Q : How many deer can fallow-hawk capture

Fallow-hawkes is a nonprofit organization that captures stray deer bewildered within residential communities. Fixed costs are $15,000. The variable cost of capturing each deer is $10,00 each.

Q : Other comprehensive income

Q : Determine what would your annual rate of return be

You wish to purchase a debenture bond worth with a face value of $10,000. Before you buy, you want to know what your ROR will be. The bond matures in 8 years with a bond interest of 6% to be paid out every 6 months. I

Q : What is the throughput time

For the third quarter of the year, the following data was reported: Inspection time 1.4 days Process time 4.5 days Wait time 12.0 days (the time between the customer order and the beginning of production)

Q : Test the reasonableness of accounting numbers

You are a new staff accountant with a large regional CPA firm, participating in your first audit. You recall from your auditing class that CPAs often use ratios to test the reasonableness of accounting numbers provided by the client.

Q : Dividends declared and paid during the year

At the beginning of the current fiscal year, the balance sheet of Cummings Co. showed liabilities of $219,000. During the year, liabilities decreased by $36,000.

1925560

Questions
Asked

3,689

Active Tutors

1425930

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Other comprehensive income

Reference No:- TGS0711238

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What ror per month will an entrepreneur make

Q : How much is the monthly break-even level of sales

Q : The sales clerks in division

Q : How many deer can fallow-hawk capture

Q : Other comprehensive income

Q : Determine what would your annual rate of return be

Q : What is the throughput time

Q : Test the reasonableness of accounting numbers

Q : Dividends declared and paid during the year

Discussion about cultural appropriation

Examine gender inequality on a global scale

How is it rational for the owner of a factory or plantation

How sociological models help understand mental illness

What when people get involved in community and social change

Why does victor coin the term hyper-violence

Which is a criticism of marxist/conflict theories

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Other comprehensive income

Reference No:- TGS0711238

Recent Questions Asked Accounting Basics

Q : What ror per month will an entrepreneur make

Q : How much is the monthly break-even level of sales

Q : The sales clerks in division

Q : How many deer can fallow-hawk capture

Q : Other comprehensive income

Q : Determine what would your annual rate of return be

Q : What is the throughput time

Q : Test the reasonableness of accounting numbers

Q : Dividends declared and paid during the year

Asked Questions