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Using languages to code your algorithms into programs is the fourth step in the problem-solving process.
Consolidated Financial Statements
Financial statements that show the financial position, results of operations, and cash flows of a parent company and its subsidiaries as a single economic entity.
Direct Method
a way of preparing the cash flow statement where actual cash flows from operating activities are reported rather than adjusting net income on an accrual basis.
Consolidation Process
The procedure of combining the financial statements of separate subsidiary entities into those of the parent company to present as one financial statement.
Shareholders' Equity
The residual interest in the assets of an entity after deducting liabilities, representing the owners' claim on the company's assets.
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