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How are General Motors and Chrysler responding to current economic conditions?
Consolidated Financial Statements
Financial statements that show the financial results of a parent company and its subsidiaries as if they were a single entity.
Non-Wholly Owned Subsidiaries
Subsidiaries in which the parent company owns more than 50% but less than 100% of the subsidiary's voting stock.
Contingent Consideration
Additional payment in a business acquisition that depends on specific future events, such as reaching certain performance milestones.
Interest Expense
The cost incurred by an entity for borrowed funds, recognized as a finance expense or interest cost.
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