What amount of Comprehensive Income should Nathan Corporation on its statement of income and comprehensive income given the following net of tax figures that represent changes during a period? Minimum Pension Liability (3,000) Unrealized Gain on Available for Sale Securities 15,000 Reclassification adjustment for securities Gain (2,500) Included in Net Income: Stock Warrants Outstanding 4,000 Net Income 77,000
What amount of Comprehensive Income should Nathan Corporation on its statement of income and comprehensive income given the following net of tax figures that represent changes during a period? Minimum Pension Liability (3,000) Unrealized Gain on Available for Sale Securities 15,000 Reclassification adjustment for securities Gain (2,500) Included in Net Income: Stock Warrants Outstanding 4,000 Net Income 77,000
Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter2: Financial Statements, Cash Flow,and Taxes
Section: Chapter Questions
Problem 10MC
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What amount of Comprehensive Income should Nathan Corporation on its statement of income and comprehensive income given the following net of tax figures that represent changes during a period?
Minimum Pension Liability (3,000)
Unrealized Gain on Available
for Sale Securities 15,000
Reclassification adjustment
for securities Gain (2,500)
Included in Net Income:
Stock Warrants Outstanding 4,000
Net Income 77,000
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