A is corrent. Comprehensive income can be displayed in the financial statements either as a separate statement that begins with net income or as a continuation of net income presented at the bottom of the income statement. Comprehensive income can no longer be displayed as part of the statement of changes in stockholders’ equity.
B is incorrect. Comprehensive income can be displayed in the financial statements either as a separate statement that begins with net income or as a continuation of net income presented at the bottom of the income statement. Comprehensive income can no longer be displayed as part of the statement of changes in stockholders’ equity.
B is incorrect. Comprehensive income can be displayed in the financial statements either as a separate statement that begins with net income or as a continuation of net income presented at the bottom of the income statement. Comprehensive income can no longer be displayed as part of the statement of changes in stockholders’ equity.
D is incorrect. Comprehensive income can be displayed in the financial statements either as a separate statement that begins with net income or as a continuation of net income presented at the bottom of the income statement. Comprehensive income can no longer be displayed as part of the statement of changes in stockholders’ equity.
| 
