To see this working, head to your live site.

FA'22 CPA Question #1

A company reported the below information as of December 31st. Ignoring income taxes, what amount should the company report comprehensive income as of December 31st?

Sales revenue $350,000

Cost of goods sold $150,000

Operating expenses $110,000

Foreign currency translation gain $25,000

_ $90,000

_$125,000

_$110,000

_$115,000

0 comments

Comments

Community Guidelines

1. Be civil and respectful towards one another.

2. Do not upload or post any inappropriate content (profanity, content with a vulgar nature, spam, etc.).

3. Stay on topic; contributions and questions should be relevant to the respective discussion.

4. Respect the privacy and personal information of others.

Thank you!