The following is from the 2018 annual report of Kaufman Chemicals, In 2818 $ 999

Question

The following is from the 2018 annual report of Kaufman Chemicals, In 2818 $ 999$829 $684 2817 Other Change in net unrealized gains on investments, net of tax of sive income: $32, ($20), and $22 in 2818, 2817, and 2816, respectively Other 45 (28) $1,041 s8ee $715 Kaufman reports accumulat ed other comprehensive income in its balance sheet as a component of shareholders' equity as follows: 2817 Common stock Additional paid-in capital Retained earnings Accumulated other comprehensive income 9,484 8,564 9,484 8,008 14098 $18,588$17,998 Total shareholders equit Required 4. From the information provided, determine how Kaufman calculated the $140 million accumulated other comprehensive income in 2018. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) other comprehensive income, 2017 in net u 2018 S Accumulated other Next > Prey9 of 9

Explanation / Answer

4 From the information provided determine how Kaufman calculated the $140 million accumulated other comprehensive income in 2018 $ in millions 1 Accumulated other comprehensive income, 2017 98 2 Change in net unrealized gains on investments 45 3 Change in other -3 Accumulated other comprehensive income, 2018 (1+2-3) 140

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