Examlex
Match the term with the appropriate phrase. You may use each answer once, more than once or not at all.
-internal wave
Consolidated Statement
A financial statement that presents the financial position and results of operations of a parent and its subsidiaries as if they were a single economic entity.
General Reserve
Funds set aside by a company from its profits for general unspecified future needs or to strengthen the company's financial position.
Pre-acquisition
The period or activities related to acquiring assets or another company before the actual transaction is finalized.
Retained Earnings
Retained earnings reflect the cumulative amount of net income earned by a company that is kept within the company after dividends are paid to shareholders.
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