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Ayayai Corporation had an opening balance in its Accumulated Other Comprehensive Income account of $45 million. What is the ending balance it would report in
Ayayai Corporation had an opening balance in its Accumulated Other Comprehensive Income account of $45 million. What is the ending balance it would report in the shareholders equity section of its balance sheet at September 30, 2021?
Ayayai Corporation, a public company, is a large silver producer. Selected condensed information (in millions) for Ayayai Corporation follows for the year ended September 30, 2021: $2,200 Cost of sales Loss from investment in associate Silver sales Income tax expense Interest expense 3,300 35 630 Operating expenses Dividend revenue Investment income or (loss) OCI-holding gain or (loss), net of taxes of $5 (25) Prepare statement of comprehensive income for the year ended September 30, 2021. AYAYAI CORPORATION Statement of Comprehensive Income Year Ended September 30, 2021 A (in millions) Profit Profit $ 418 Other Comprehensive Income Holding Gain or Loss 10 Comprehensive Income 428 Ayayai Corporation had an opening balance in its Accumulated Other Comprehensive Income account of $45 million. What is the ending balance it would report in the shareholders' equity section of its balance sheet at September 30, 2021? Ending balance $ million
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