Examlex
Decide whether the given statement is always true or not always true.
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Owned Subsidiary
A company whose majority of shares or voting rights are held by another company, making it a controlling entity.
Equity Method
The equity method is an accounting technique used by firms to assess the profits earned by their investments in other companies by reporting these profits in proportion to their ownership.
Net Income
The total profit of a company after all expenses, taxes, and costs have been deducted from total revenue. It indicates the company's financial performance over a specified period.
Owned Subsidiary
A company whose majority of shares is held by another company, making it controlled by the parent company.
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