Firms have considerable flexibility as to how they report other comprehensive income each period. Under U.S. GAAP, they can include
a. it with net income in a single statement of comprehensive income.
b. it in a separate statement of other comprehensive income that is one of the notes to the financial statements.
c. it in a statement of changes in shareholders' equity.
d. all of the above.
e. none of the above.
D
Business