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Statement Of Comprehensive Income
A financial statement that displays all changes in equity during a period except those resulting from investments by and distributions to the company’s shareholders.
Other Comprehensive Income
Income that includes all changes in equity from non-owner sources, such as foreign exchange adjustments or unrealized gains/losses on certain investments, not included in net income.
Vertical Analysis
A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equity) is represented as a proportion of the total account.
Net Sales
The amount of sales revenue remaining after deducting sales returns, allowances, and discounts.
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