Examlex
A direct relationship is expressed graphically as a:
Subsidiary
A company controlled by another company, referred to as the parent company, through ownership of more than half of its voting stock.
Impairment
The reduction in the recoverable value of a fixed asset or goodwill below its book value on the balance sheet, often leading to an expense in the income statement.
Retained Earnings
Accumulated net income that has been retained by a company rather than distributed to its owners as dividends.
Shareholders
Individuals or entities that own shares in a corporation, giving them ownership interest in the company.
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