Which of the following items need not be reported separately at the bottom of the income statement?
a. Profitability ratios
b. Discontinued operations
c. Extraordinary gains and losses
d. Cumulative effect of a change in accounting principle
a
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How is the premium or discount on held-to-maturity bond investments presented on the balance sheet?
A) as a part of the cost of the investment and amortized over a period not to exceed five years B) as a part of the cost of the investment and amortized over the remaining life of the bonds C) in a separate account that is reported separately from the bonds and amortized over a period not to exceed five years D) in a separate account that is reported separately from the investment account and not amortized
Identify the bill that was passed in April 2009 to amend the executive compensation provisions of the Emergency Economic Stabilization Act of 2008 to prohibit unreasonable and excessive compensation and compensation not based on performance standards.
A. The Grayson-Himes Pay for Performance Act B. The Statutory Pay-As-You-Go Act C. The Gramm-Rudman-Hollings Performance and Results Act D. The Employee Pay Comparability Act
____ is a philosophy of increasing a firm's performance by involving all workers
a. Open-book management b. Data mining c. Diversity d. Strategic alliance
The four consumer rights as stated by President Kennedy about 50 years ago are _____
a. value, choice, safety, and to be heard b. safety, information, choice, and to be heard c. low prices, competition, return policy, and credit d. information, choice, safety, and credit