Examlex
Which of the following pairs belong together?
Parent
A company that controls or owns more than half of another company's stock, thereby having control over its subsidiary.
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.
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