Page 37 - FINAL CFA I SLIDES JUNE 2019 DAY 7
P. 37

Session Unit 7:

                                                                         24. Understanding Income Statements


       Example: Calculating comprehensive income, p.68

       Calculate comprehensive income for Triple C Corporation using the selected financial statement data
       found in the following table.




                                                                                                CFA Analysts:



                                                         tanties                                Because firms have some

                                                                                                flexibility of including or

                                                                                                excluding transactions from net
                                                                                                income, analysts must examine

                                                                                                comprehensive income when

                                                                                                comparing financial
                                                                                                performance with other firms.
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