Examlex
Strategy is the exclusive domain of top level management.
Cash
A medium of exchange in the form of currency, used to conduct transactions and settle debts.
Consolidation
The process of combining the financial statements of separate companies into a single, aggregated financial statement.
Consolidated Retained Earnings
The cumulative amount of earnings of a corporation and its subsidiaries after dividends have been paid, as reported in consolidated financial statements.
Retained Earnings
The portion of net profits left in the company after dividends have been paid to shareholders.
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