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Noncontrolling Interest
A shareholder's equity in a corporation that is less than the threshold required for control usually presented in consolidated financial statements.
Fiscal Year
A 12-month period used for accounting purposes and preparing financial statements, differing from the calendar year for some organizations.
Consolidated Financial Statement
A comprehensive financial statement that presents the overall financial position of a parent company and its subsidiaries as one single entity.
Pre-acquisition Earnings
Earnings accumulated by a company prior to being acquired by another entity.
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