Which of the following is included in comprehensive income?
A) gains and losses associated with derivative financial instruments that hedge future cash flows
B) translation adjustments from converting foreign statements into U.S. dollars
C) unrealized gains or losses associated with fair value of available-for-sale securities
D) All of these answer choices are included in comprehensive income.

Question

Quizplus · Accepted Answer

All of these items (gains and losses associated with derivative financial instruments that hedge future cash flows, translation adjustments from converting foreign statements into U.S. dollars, and unrealized gains or losses associated with the fair value of available-for-sale securities) are components of comprehensive income. Comprehensive income includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Which of the Following Is Included in Comprehensive Income