If net income is $50,000 and comprehensive income is $60,000, how much wasother comprehensive income or loss?ANSWEROO$(10,000)Not enough information to determine other comprehensive income.$110,000$10,000I DON'T KNOW YET

Net income + other Comprehensive Income or loss = Comprehensive Income

Answered: If net income is $50,000 and…

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If net income is $50,000 and comprehensive income is $60,000, how much was other comprehensive income or loss?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

If net income is $50,000 and comprehensive income is $60,000, how much was
other comprehensive income or loss?
ANSWER
O
O
$(10,000)
Not enough information to determine other comprehensive income.
$110,000
$10,000
I DON'T KNOW YET

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