Rule: Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from nonowner sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.
| Net Income |
+ | Other comprehensive income |
| Comprehensive income |
Choice "B" is correct. Comprehensive income includes net income but excludes transactions with owners such as dividends or stock purchases. Comprehensive income per share should not be displayed.Choices "d", "a", and "c" are incorrect, per the above explanation.
