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  1. business
  2. accounting
  3. 2. comprehensive a firm reported net income of $50

2. Comprehensive A firm reported net income of $500 million for 2020 and stock issuance...

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Accounting

2. Comprehensive A firm reported net income of $500 million for 2020 and stock issuance of $250 million. As part of other comprehensive income in its Statement of Shareholders Equity, it also reported a gain on investments of $30 million and had foreign currency translation gain = $25 million. Therefore, its comprehensive income for 2020 = _____?

3. Payout-A Mini Corp. had shareholders equity of $700 million at the end of 2020. It ended the prior 2019 with $450 million shareholders equity. Mini corp. reported $180 million of comprehensive income for 2020. What was the net payout to shareholders during the year 2020?

4. Payout-B Early in the year, EasyCo repurchased $25 mill. worth of its common shares to use for employee incentive plan awards. Easy also late in the year issued $75 mill. of new common shares into the market. EasyCo reported Dividends paid to shareholders of $100 million for 2020. What was Easys Net Payout to Shareholders for 2020?

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