Examlex
A tire costs $58.03 and is used on a car for 14,435 miles. What is the cost per mile to the nearest thousandth cent?
Parent-subsidiary Relationship
The dynamic between a controlling company (parent) and a controlled company (subsidiary) in which the parent holds a significant amount of the subsidiary's stock.
Cost Method
An accounting method used to value certain investments at their original cost minus any impairment losses.
Comprehensive Income
The total change in equity for a reporting period other than from transactions with owners.
Trading Investments
Trading investments are securities that a company buys and holds primarily for the purpose of selling them in the near term to generate income.
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