All of the following are included in comprehensive income EXCEPT
A) profit reported on the traditional income statement.
B) income tax expense.
C) dividends paid.
D) gains and losses on equity investments.

Question

Quizplus · Accepted Answer

Comprehensive income includes all changes in equity during a period except those resulting from investments by owners and distributions to owners. Dividends paid are considered distributions to owners and therefore are not included in comprehensive income.

All of the Following Are Included in Comprehensive Income EXCEPT