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Presenting Other Comprehensive Income In its 2020 10-K, Fastenal Company and Subsidiaries reported the following items (5 millions): Sales Net earnings Earnings before income
Presenting Other Comprehensive Income In its 2020 10-K, Fastenal Company and Subsidiaries reported the following items (5 millions): Sales Net earnings Earnings before income taxes Foreign currency translation adjustment (net of tax) Accumulated other comprehensive (loss), Dec. 31, 2020 Accumulated other comprehensive (loss), Dec. 31, 2019 $4,517,8 687.3 906.2 13.8 (17.0) (30.7) Total stockholders' equity, Dec. 31, 2020 2.186.6 a. Prepare a statement of comprehensive income that would immediately follow the company's income statement. Fastenal Company and Subsidiaries Consolidated Statement of Comprehensive Income For the Year Ended December 31, 2020 (5 millions) Other comprehensive income (loss), net of tax: b. Prepare a reconciliation of accumulated other comprehensive income that would be included as part of the company's statement of stockholders' equity. Accumulated Other Comprehensive Income (Loss) Reconciliation For the Year Ended December 31, 2020 (5 millions) Other comprehensive income (loss) Presenting Other Comprehensive Income In its 2020 10-K, Fastenal Company and Subsidiaries reported the following items ($ millions): Sales Net earnings Earnings before income taxes Foreign currency translation adjustment (net of tax) Accumulated other comprehensive (loss). Dec. 31, 2020 Accumulated other comprehensive (loss), Dec. 31, 2019 Total stockholders' equity, Dec. 31, 2020 $4,517,8 687.3 906.2 13.8 (17.0) (30.7) 2.186.6 a. Prepare a statement of comprehensive income that would immediately follow the company's income statement. Fastenal Company and Subsidiaries Consolidated Statement of Comprehensive Income For the Year Ended December 31, 2020 (5 millions) 05 Sales Net earnings Earnings before income taxes Foreign currency translation adjustment (net of tax) Accumulated other comprehensive (loss), Dec. 31 2020 Accumulated other comprehensive (loss), Dec. 31 2019 Total stockholders' equity, Dec. 31 2020 Comprehensive income Other comprehensive income ve income that would be included as part of the company's statement of stockholders' equity.
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