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In 1948, many southern Democrats split from their party to support Governor J. Strom Thurmond because
Non-controlling Interest
The portion of equity in a subsidiary not owned by the parent company, also known as minority interest.
Profit After Tax
The net income of a company after all taxes have been deducted from revenues.
Consolidated Equity
The total amount of owners' or shareholders' equity in a conglomerate, after all inter-company balances and transactions have been eliminated in consolidation.
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