Examlex
According to most scientists, when did the first hominids-- direct human forbears that were fully separated from the apes-- appear on Earth?
Equipment Undervalued
Situations in which equipment's book value on financial statements is less than its current market value or replacement cost.
Partial Equity Method
An accounting approach where an investor recognizes a proportionate share of investee profits, but not as comprehensively as under the full equity method.
Noncontrolling Interest
A portion of equity in a subsidiary not attributed to the parent company, representing the minority shareholders' share of the assets and earnings.
Net Income
A company's total earnings or profit, calculated as revenues minus expenses, taxes, and the cost of goods sold.
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