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Match the Following Terms

Question 63

Matching

Match the following terms.

Premises:
Net Income
Discontinued Operations
Extraordinary Items
Comprehensive Income
Earnings per Share
Responses:
Reports all changes in owners' equity (excludes investments,distributions,and errors)
An income measure that includes both the operating and other nonoperating activities that caused change in retained earning during the period.
A common-size measure of earnings
The result of a company selling or deposing of a segment of its business
Gains or losses that are both unusual & infrequent

Correct Answer:

Net Income
Discontinued Operations
Extraordinary Items
Comprehensive Income
Earnings per Share
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