Examlex
A flattened lens
Equity Method
This is a method in accounting where investments in external companies are initially logged at their acquisition cost, then later altered to account for the owner's share in the profits or losses of the company invested in.
Intra-entity Inventory
Inventory transactions that occur within the same company, involving transfers between departments or subsidiaries, not affecting the overall financial position.
Gross Profit
The financial metric representing the difference between sales and the cost of goods sold.
Significant Influence
The power to participate in the financial and operating policy decisions of an investee, but not control them.
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