Examlex
Combine the like terms.
Equity Method
An accounting technique used by a company to record its investment in another company when it has significant influence but not full control.
Consolidated Financial Statements
Financial statements that present the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries as one single entity.
Consolidated Sales
The total sales of a parent company and its subsidiaries, after eliminating intercompany sales, presented as a single sales figure for the entire company group.
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