A consolidated statement of comprehensive income for Eli Lilly, a major pharmaceutical, is provided in the following
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Define comprehensive income and describe the events that led to the dollar values (positive and negative) associated with foreign currency translation adjustments and net unrealized gains (losses) onsecurities
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2012 2011 2010 Net income $4,088.6 $4,347.7 $5,069.5 Other comprehensive income (loss): Foreign currency translation adjustments 160.9 (244.8) (325.1) Net unrealized gains (losses) on securities 88.5 178.5 80.8 46.1 $4,150. $3,159.2 $4,871.3 Other items (inc. SFAS 158) Comprehensive income (187.9)(765.2)
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Comprehensive income includes all nonowner related changes in stockholders equity that do not appear ...View the full answer
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