The alphabetical list of items may be relevant in the preparation of Statement of Comprehensive Income of Way Inc. is provided below: Actuarial gains on defined benefit pension plans recognized outside profit or loss Decrease in inventories of finished goods and work in progress P 1,333 107,900 Depreciation and amortization expense 17,000 Employee benefit expense 43,000 Exchange differences gain on translating foreign operations 10,667 Finance costs 18,000 Gains on property revaluation 3,367 Income tax expense 32,000 Income tax relating to components of other comprehensive income 9,334 Loss for the year from discontinued operations 30,500 Other expenses 5,500 Other income.. 11,300 Raw materials and consumables used 92,000 Revenue 355,000 Share of other comprehensive income of associates (unrealized loss of FA-DB@FVOCI.... Share of profit associates....... 700 30,100 Unrealized gain on FA-DB@FV-OCI... 26,667 Unrealized loss on derivatives in an effective cash flow hedge.. 4,000 Work performed by the entity and capitalized..... 15,000 12. Compute for the profit for the year. 13. Compute for the other comprehensive income 14. Compute for the total comprehensive income
The alphabetical list of items may be relevant in the preparation of Statement of Comprehensive Income of Way Inc. is provided below: Actuarial gains on defined benefit pension plans recognized outside profit or loss Decrease in inventories of finished goods and work in progress P 1,333 107,900 Depreciation and amortization expense 17,000 Employee benefit expense 43,000 Exchange differences gain on translating foreign operations 10,667 Finance costs 18,000 Gains on property revaluation 3,367 Income tax expense 32,000 Income tax relating to components of other comprehensive income 9,334 Loss for the year from discontinued operations 30,500 Other expenses 5,500 Other income.. 11,300 Raw materials and consumables used 92,000 Revenue 355,000 Share of other comprehensive income of associates (unrealized loss of FA-DB@FVOCI.... Share of profit associates....... 700 30,100 Unrealized gain on FA-DB@FV-OCI... 26,667 Unrealized loss on derivatives in an effective cash flow hedge.. 4,000 Work performed by the entity and capitalized..... 15,000 12. Compute for the profit for the year. 13. Compute for the other comprehensive income 14. Compute for the total comprehensive income
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter9: Operating Activities
Section: Chapter Questions
Problem 11QE
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Transcribed Image Text:The alphabetical list of items may be relevant in the preparation of Statement of Comprehensive Income of Way Inc. is
provided below:
Actuarial gains on defined benefit pension plans recognized outside profit or loss
Decrease in inventories of finished goods and work in progress
P 1,333
107,900
Depreciation and amortization expense
17,000
Employee benefit expense
43,000
Exchange differences gain on translating foreign operations
10,667
Finance costs
18,000
Gains on property revaluation
3,367
Income tax expense
32,000
Income tax relating to components of other comprehensive income
9,334
Loss for the year from discontinued operations
30,500
Other expenses
5,500
Other income..
11,300
Raw materials and consumables used
92,000
Revenue
355,000
Share of other comprehensive income of associates (unrealized loss of FA-DB@FVOCI....
Share of profit associates.......
700
30,100
Unrealized gain on FA-DB@FV-OCI...
26,667
Unrealized loss on derivatives in an effective cash flow hedge..
4,000
Work performed by the entity and capitalized.....
15,000
12. Compute for the profit for the year.
13. Compute for the other comprehensive income
14. Compute for the total comprehensive income
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