Examlex
The __________ interprets the Supremacy Clause to make sure that the U.S. laws and Constitution were actually the "supreme law of the land," controlling state laws.
Residual Value
The estimated value that an asset will have at the end of its useful life.
Gross Profit
The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Consolidated Net Income
The total net income of a parent company and its subsidiaries, after the elimination of inter-company transactions and balances.
Non-Controlling Interest
A minority stake in a company or subsidiary where the shareholder does not have control over company's policies or decisions.
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