Comprehensive income is an important concept in accounting because it represents
A) all changes in equity.
B) changes in equity from nonowner sources.
C) changes in liabilities minus assets.
D) the impact on equity of all transactions.
B
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On March 15, 2018, Blue Corporation purchased 10% of the Gold Corporation stock outstanding. Blue Corporation purchased an additional 40% of the stock in Gold on October 24, 2018, and an additional 25% on April 4, 2019. On July 25, 2019, Blue Corporation purchased the remaining 25% of Gold Corporation stock outstanding. a.For purposes of the § 338 election, on what date does a qualified stock purchase occur? b.What is the due date for making the § 338 election?
What will be an ideal response?
A velvet rope separating the line for VIP members from the regular line is an example of a(n) ______.
a. Sign b. Symbol c. Artifact d. use of space
In path–goal theory, leaders can chose from ______ types of behaviors.
A. two B. three C. four D. five
If a business person chooses to take the Gates Foundation’s “Giving Pledge,” what has she agreed to do?
a. pledge to treat profits from work to help others rather than themselves b. start her own charitable foundation c. give a specific amount of wealth to philanthropy each year d. give the majority of her wealth to philanthropy