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According to the FASB's conceptual framework, comprehensive income includes which of the following?
Purchase Discounts
Reductions in the purchase price of goods, usually provided by a supplier to the buyer for early payment or bulk buying.
Net Price Method
A pricing strategy that considers the net cost of a product after deducting any discounts or allowances.
Gross Price Method
A pricing approach where the price of goods or services is determined without deducting any trade discounts or allowances.
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