Examlex
During each cycle, a refrigerator removes of heat from the freezing compartment and ejects into a room.
(a) How much work per cycle is required each cycle to run this refrigerator?
(b) What is the coefficient of performance of this refrigerator?
Non-Controlling Interest
A minority shareholding in a company, representing an ownership stake that is less than 50% and does not allow for control over the company's operations.
Acquisition Differential
Refers to the difference between the purchase price of an asset and its fair market value at the time of acquisition.
Equity Method
An accounting technique used to record investments in associate companies, where the investment's value is adjusted to reflect the investor's share of the associates' profits or losses.
Consolidated Balance Sheet
A financial statement that combines the assets, liabilities, and equity of a parent company and its subsidiaries, presenting them as a single entity.
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