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Purchase Method
An accounting method used in mergers and acquisitions where the purchasing company records the assets and liabilities of the acquired company at fair market value.
Consolidated Balance Sheet
A financial statement that shows the aggregated financial position of a parent company and its subsidiaries.
Minority Interests
Shareholders' equity in a subsidiary not wholly owned by the parent company, representing minority shareholders' proportion.
Consolidation Adjustments
Adjustments made to the financial statements when combining the financial information of a parent company and its subsidiaries to prepare consolidated financial statements.
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