Answer- Comprehensive Income = -95
Explanation:-
Calculation of Comprehensive Income | ||
Amount(in million) | Amount (in Million) | |
Sale | 7158 | |
Les: Cost of Goods Sold | 4850 | |
Gross Profit | 2308 | |
Less:Operating Expenses;- | ||
Selling Expenses | 2350 | |
Research & Development Cost | 600 | 2950 |
Earning Before Interest&Taxes (EBIT) | (2308-2950) | -642 |
Add : Tax Shield(*) | -450 | |
Earnings After Tax | -192 | |
Add: Unrealized Gain on securities for sale | 97 | |
Comprehensive Income | -95 |
(*) Under This question, We have a negatve Tax Expense, It means we Have Tax shield because of a Negative EBIT
Calculation of Net Payout
Net payout = Divident Issued + Stock Rpurchase - Sock Issues
=250+0-910
= -660
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