Match each of the following terms with the phrase that it best matches.
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Comprehensive income
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Vertical analysis
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Quality of earnings
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Pro forma income
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Solvency ratio
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Extraordinary item
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1._______ Measures the ability of the company to survive over a long period of time.
2._______ Usually excludes items that a company thinks are unusual or non-recurring.
3._______ Includes all changes in stockholders' equity during a period except those resulting from investments by stockholders and distributions to stockholders.
4._______ Indicates the level of full and transparent information provided to users of the financial statements.
5._______ Describes events and transactions that are unusual in nature and infrequent in occurrence.
6._______ Expresses each item within a financial statement as a percent of a base amount.
Quality of Earnings