Examlex
Leaving pamphlets at co-workers' desks warning them of the dire consequences of not belonging to a certain church is acceptable of the Civil Rights Act that protect an employee's freedom of speech and freedom of religion.
Fair Value
An estimated market price for an asset or liability, reflecting what both parties in a transaction are willing to exchange based on current market conditions.
Fair Value
The cost that would be incurred to transfer a liability or the revenue expected from selling an asset, during a structured exchange among participants in the market, at the point of measurement.
Consolidated Financial Statements
Financial statements that integrate all assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries into one document.
Goodwill
An intangible asset that arises when a company acquires another company for a price higher than the fair value of its net identifiable assets and liabilities.
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