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Other Comprehensive Income
Comprehensive income includes all items that impact owners’ equity but are not the result of transactions with shareowners.
Some of these items are included in the calculation of net income, and some are included in othercomprehensive income (OCI).
When comprehensive income is presented in two statements, the statement of comprehensiveincome begins with the profit or loss from the income statement and then presents the components of other comprehensive income.
Personal Income & Personal Disposable Income:Personal Income Personal Disposable Income:PersonalIt measures the amount of after-tax income that households have to spend on goods andprofits plus the capital consumption allowance.
Income Elasticity of Demand:elasticity of demand
Other Comprehensive Income:statement and then presents the components of other comprehensive income.
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