Reporting results of operations - Special income statement sections
12 important questions on Reporting results of operations - Special income statement sections
Two reasons to put a special section on the income statement
What item would often appear under discontinued operations?
Three examples of irregular items
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What makes EPS exceptionally important?
What is a special consideration affecting EPS?
What are three requirements for the payment of a cash dividend?
Cash to pay the dividend
Action by the Board of Directors
What is a date of record?
How is a stock dividend different from a stock split?
How is a stock dividend journalized?
What is a prior period adjustment for?
A company may have _____ on their Retained Earnings due to certain contracts. This is _____________.
What is comprehensive income?
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