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Cost Method
An accounting method used to value an investment, where the investment is recorded at its acquisition cost without reflecting changes in its market value.
Consolidated Income Statement
A financial statement that summarizes the financial performance of a company and its subsidiaries.
Gross Profit
The difference between sales revenue and the cost of goods sold, indicating the efficiency of core operations.
Cost Method
An accounting technique where investments are recorded at their original purchase cost, without adjustment for market changes unless deemed permanently impaired.
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