Select the correct presentation for other comprehensive income on the financial statements of Puma Company. 1. Puma Company

Statement of Comprehensive Income

For the Year Ended December 31, 20Y3

Net income $140,000

Other comprehensive income 20,000

Comprehensive income $160,000

2. Puma Company

Income Statement

For the Year Ended December 31, 20Y3

Sales $625,000

Cost of goods sold 350,000

Gross profit $275,000

Operating expenses 135,000

Net income $140,000

Other comprehensive income 20,000

Comprehensive income $160,000

A. Both of these choices are correct.

B. Neither of these choice is correct.

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner

The green fiddle has declared a $5 per share dividend. suppose capital gains are not taxed, but dividends are taxed at 15 percent. new irs regulations require that taxes be withheld at the time the dividend is paid. green fiddle stock sells for $71.50 per share, and the stock is about to go ex-dividend. what will the ex-dividend price be?