Examlex
Explain why environmental damage would be classified as an externality.
Equity Method
An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted to reflect the investor's share of the investee's profit or loss.
Controlling Interest
Ownership of a sufficient portion of a company's stock to influence or control its management and operations.
Net Income
The total earnings of a company after subtracting all expenses, taxes, and costs from total revenue.
Significant Influence
Significant influence refers to the capacity of an individual or entity to affect the financial and operating policies of another entity without having full control.
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