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SCENARIO 16-15
Given below are the average prices for three types of energy products for five consecutive years.
-Referring to Scenario 16-15,what are the simple price indices for electricity,natural gas and fuel oil,respectively,in year 3 using year 1 as the base year?
Effective Tax Rate
The actual rate at which an individual or a corporation is taxed, calculated by dividing the total tax paid by the taxable income.
Consolidated Balance Sheet
A financial statement showing the combined assets, liabilities, and equity of a parent company and its subsidiaries.
Non-controlling Interest
A shareholder's equity in a subsidiary that is not attributable to the parent company, representing minority ownership.
Consolidated Net Income
The total earnings of a corporation, after tax, including earnings from subsidiaries, before distributing dividends.
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