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How is costco comprehensive income reported

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Reference no: EM132835320

Problem a. Which accounting firm performed the annual audit for Costco? Did the auditors give an unqualified (clean) audit opinion?

Problem b. How is Costco's comprehensive income reported, on a combined statement or a separate statement? Compare reported net income to comprehensive income. What were the differences, if any?

Problem c. Either from the financial statements or notes give two examples where: Reporting information is on a historical cost basis, or Reporting information is on the fair market value basis

Problem d. Were there any changes in accounting principles? If so, what were the changes and why were they made?

Reference no: EM132835320

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