Examlex
Which of the following is currently an embryonic industry?
Business Combination
A transaction or other event in which an acquirer obtains control of one or more businesses, which can be achieved through acquisitions, mergers, or consolidations.
Consolidate
In financial context, to combine assets, liabilities, and other financial items of two or more entities into one.
Consolidated Balance Sheet
A financial statement that aggregates all assets, liabilities, and equity of a parent company and its subsidiaries, presenting the financial position of the entire group.
Subsidiary
A company that is controlled by another company, referred to as the parent company.
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