Examlex
A shift from low-margin sales to high-margin sales
Franchise Contract
A legal agreement granting a franchisee the rights to operate a business under the franchisor's brand and operational model in exchange for fees or royalties.
Noncontrolling Interest
Noncontrolling interest is the portion of equity in a subsidiary not attributable, directly or indirectly, to a parent company, which is reported in the consolidated financial statements of the parent company.
Accrual-based Net Income
A measure of an entity's financial performance that includes both cash and non-cash transactions during a reporting period.
Domestic Corporations
Companies that are incorporated and operate within the legal framework of a specific country.
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