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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