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A(n)____________________ is a temperature-measuring device that is dropped from an aircraft into the ocean where it measures water temperature as it slowly descends beneath the surface.
Book Value
The net value of a company's assets found on its balance sheet, calculated as total assets minus intangible assets and liabilities.
Fair Market Value
The price at which an asset would change hands in a transaction between a willing buyer and seller, both having reasonable knowledge of all relevant facts.
Legal Parent
refers to the entity that owns or controls another entity through shareholding or other means, effectively having a controlling interest in another company.
Consolidated Balance Sheet
A financial statement that aggregates the assets, liabilities, and equity of a parent company and its subsidiaries into a single document, portraying the financial position of the entire group.
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