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Effective Tax Rate
The average percentage of net income that a person or corporation pays in taxes, effectively showing the portion of income gone to taxes.
Non-Controlling Interest
A minority share of ownership in a subsidiary that is not directly controlled by the parent company, typically reflected in the equity section of the consolidated financial statement.
Consolidated Financial Position
A representation of a parent company and its subsidiaries' financial status as one entity, summarizing assets, liabilities, and equity.
Acquisition Differential
The difference between the purchase price of a company and the fair value of its identifiable net assets at the acquisition date.
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