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Unformatted text preview: or product line of a company 1. Gain or loss on disposal 2. Profit or loss from discontinued operations 3. Shown net of taxes Extraordinary Items 1. Infrequent 2. Material 3. Unusual Cumulative Effect of Change in Accounting Principle When changing from one generally accepted accounting method to another. Since prior years statements do not reflect the change analysis becomes difficult and prior statements may be disregarded. Retained Earnings Reconciliation of changes during the year Appropriations Dividends 1. Cash 2. Stock Stock Splits Comprehensive Income Foreign currency translation adjustments Unrealized gains and losses on available for sale securities Minimum pension liability adjustments Unrealized gains and losses from derivative instruments...
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- Spring '10