Comprehensive income reports an expanded version of income to include FOUR types of gains and losses not included in traditional income statements.

Explain the differences between an S-corporation and a C corporation

What will be an ideal response?

Of the following, which is NOT an activity engaged in by a financial intermediary?

A) Matching borrowers and lenders B) Bearing risk C) Managing retirement portfolios for large classes of employees D) All of the above are activities of financial intermediaries.