Examlex
A hospital nursery with 22 babies contains exactly 11 girls and 11 boys. If the chances of a woman giving birth to a boy or a girl are the same, what is the probability that exactly 11 out of the 22 babies are girls?
Consolidated Net Income
The combined total net income of a parent company and its subsidiaries, after eliminating intercompany transactions and balances.
Noncontrolling Interest
Noncontrolling interest, also known as minority interest, refers to the portion of equity in a subsidiary not owned directly or indirectly by the parent company.
Annual Amortization
The method of distributing the expense of a loan or an intangible asset over a designated timeframe for the purposes of accounting and taxation.
Noncontrolling Interest Balance
Noncontrolling Interest Balance represents the equity in a subsidiary not attributable, directly or indirectly, to a parent company’s shareholders.