Comprehensive income is the company's change in total stockholders' equity from all sources other than its owners, and sometimes includes items not found on the income statement.

Question

Quizplus · Accepted Answer

Comprehensive income includes all gains and losses for a period, regardless of whether they are realized or unrealized, and includes items such as foreign currency translation adjustments and gains or losses on certain financial instruments that are not reported on the income statement.

Comprehensive Income Is the Company's Change in Total Stockholders' Equity