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Post by RichardWest on Aug 23, 2020 2:08:57 GMT
What does this mean on the income statement? I sometimes see income gains here greater than my other incomes, and I am confused by what this represents.
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Post by The Center on Aug 23, 2020 9:48:25 GMT
It is a result of a two (2) consecutive Balance Sheets compared. Any Company Value (CV) change that is not covered by the items in the Income Statement are called “other comprehensive income.” Items on the Income Statement should cover all company activities that impact the Balance Sheet. Except, for the Volume Weighted Average Price (VWAP) swings of inventory Valuation Allowance (85% of VWAP of the previous day). Frequently Asked Questions: Number 17
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