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Calculate the Total Comprehensive Income for the Year If Operating

question 51

Multiple Choice

Calculate the total comprehensive income for the year if operating profit is $556,000, the tax rate is 30%, finance charges are $88,700 and other comprehensive income for the year (net of tax) is $195,000.


Definitions:

Consensus Leadership

A leadership style that emphasizes making decisions based on the agreement and cooperation of all members of a group.

Commitment

The most successful outcome of a leader’s influence tactic: The person makes a full effort.

Majority Opinion

The viewpoint held or decision made by the greater number of individuals within a group or among a specific audience.

Collaboration

The process of two or more people or organizations working together to complete a task or achieve a goal.

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