Examlex
Discuss culture and justice.
Equity Method
An accounting method used to assess the profits earned by investments in other companies by recording income equivalent to the investor's share of the investee's profits.
Cumulative Translation Adjustment
An entry in the comprehensive income section of a company's balance sheet that represents the aggregate effect of exchange rate changes on the translation of foreign subsidiaries' financial statements.
Current Rate Method
A method of foreign currency translation where all financial statement items are translated at the current exchange rate.
Cost of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including materials and labor.
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