Use the following information for the next two questions: The following items were presented for the purpose of determining comprehensive income. Profit for the year 2,000 Increase in revaluation surplus 1,000 Remeasurements of the net defined benefit liability (asset) - loss (200) Net change in translation of foreign operation (400) Dividends declared (100) Stock rights 300 a. How much is the other comprehensive income? b. How much is the total comprehensive income?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 32MCQ
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Use the following information for the next two questions:
The following items were presented for the purpose of determining comprehensive income.
Profit for the year 2,000
Increase in revaluation surplus 1,000
Remeasurements of the net defined benefit liability (asset) - loss (200)
Net change in translation of foreign operation (400)
Dividends declared (100)
Stock rights 300

a. How much is the other comprehensive income?
b. How much is the total comprehensive income?

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