Examlex
Smaller floods occur more frequently than larger floods.
Non-controlling Interest
A shareholder's equity in a subsidiary that is not attributable to the parent company, representing minority ownership.
Consolidated Net Income
The total earnings of a corporation, after tax, including earnings from subsidiaries, before distributing dividends.
Cost Method
An accounting approach where investments are recorded at their acquisition cost, without adjustment for increases or decreases in market value.
Goodwill
An intangible asset arising when a company acquires another for more than the fair value of its net identifiable assets.
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