Solved

Company XYZ Recorded Net Profit After Tax of $150m for the Period

Question 70

Multiple Choice

Company XYZ recorded net profit after tax of $150m for the period. In addition it recognised the following changes in fair values for the period: Available-for-sale securities + $10 million
Cash flow hedges - $5 million
Land + $85 million
What would be the amount of total comprehensive income for the period?


A) $90 million
B) $95 million
C) $150 million
D) $240 million

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions