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

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Accounts receivable are generally expected to be collected within 120-180 days of the date of sale.

a. true b. false

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A(n) ________ limits the ability to improve the objective function

Fill in the blanks with correct word

Business