Examlex
Which of the following is NOT a common report embellishment?
Comprehensive Income
The sum of net income and other comprehensive income, representing the total change in equity for a period other than transactions with owners.
Gross Margin
The difference between revenue and cost of goods sold, divided by revenue, expressed as a percentage; an indicator of the financial health and performance of a business.
Consolidated Retained Earnings
The cumulative amount of profits kept by a parent company and its subsidiaries after dividends have been paid.
Statement of Financial Position
A financial report detailing a company's assets, liabilities, and equity at a particular moment, offering a glimpse into its financial status.
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