Examlex
Give meanings for the following medical terms:
-tinnitus: __________
Consolidated Statement
Financial reports consolidating the assets, liabilities, and income of a parent organization along with its subsidiary companies, showing them as a single entity.
Goodwill Impairment
A write-down of the value of goodwill on a company's balance sheet when the fair value of the acquired company falls below the value recorded at the time of acquisition.
Gross Profit
Income remaining after the cost of goods sold has been deducted from total sales revenue, before deducting any operating expenses.
Equity Method
An accounting technique used by companies to assess the profits earned by their investments in other companies, recognizing income based on the share owned.
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