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Justice Felix Frankfurter was considered to be a sharp critic of Chief Justice Vinson's refusal to be more
Noncontrolling Interest
A minority stake in a company that is not large enough to exercise control over its operations or policies.
Net Income
Profit calculated as total revenues minus total expenses, interest, and taxes, representing how much the company earned or lost.
Initial Value Method
An accounting method where investments are recorded at their purchase cost without reflecting market value changes over time.
Retained Earnings
The portion of net income that is not distributed to shareholders but instead reinvested in the core business or used to pay off debt.
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