Is comprehensive income a better measure of economic income than net income?

Comprehensive Income Tax; 3 Corporate Income Tax; 4 Capital Gains Tax; 5 Inheritance & Gift Tax; 6 All other tax returns that can be filed at a tax office; 7 ... The statement of comprehensive income reports the change in net equity of a business enterprise over a given period. The statement of retained earnings includes ... Mar 8, 2023 ... Results: adidas AG Consolidated Statement of Comprehensive Income (IFRS) € in millions Share this page Previous page Consolidated Income Statement Comprehensive income is the change in the value of equity that stems from non-owner and traditional income sources. Put simply, it is the sum of a company's net ... We find no evidence that comprehensive income is more strongly associated with returns/market value or better predicts future cash flows/income than net income. Jan 24, 2025 ... Tax effects of OCI items are typically recognized in the income statement as adjustments to income tax expense. This is because OCI items ... The following table summarizes the allocation of total comprehensive income between shareowners of The Coca-Cola Company and noncontrolling interests (in ... Share of other comprehensive income of associates and joint ventures, 14/17, -197, 167. 9, Items that are or may be reclassified subsequently to the income ... Jan 20, 2016 ... This paper reviews how 'other comprehensive income' (OCI) entered financial reporting by tracing major Financial Accounting Standard Board (FASB) and ... Aug 27, 2010 ... In the equity section of the balance sheet, retained earnings will be reported on a LIFO basis and other comprehensive income will include a ...