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Net Income
The profit of a company after all expenses and taxes have been deducted from total revenue.
Initial Value Method
An accounting method where investments are recorded at their acquisition cost without adjusting for changes in the value or performance of the investment over time.
Consolidation Entry G
An adjusting entry made during the consolidation process to eliminate intra-group transactions and balances in the preparation of consolidated financial statements.
Intra-entity Gross Profit
Refers to the profit generated from transactions within the same company or group, not yet realized from an external party's perspective.
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