Examlex
Racial differences are based on:
Consolidated SFP
The Consolidated Statement of Financial Position, which shows the financial position of a parent company and its subsidiaries as a single entity.
Subsidiary's Net
Subsidiary's net often refers to the net income or net assets of a subsidiary company after accounting for its financial activities and obligations.
Cumulative Operations
The total operational activities and outcomes of an organization over a period of time, often including various financial metrics and performance indicators.
Consolidation Process
The method by which a company combines and presents the financial results of its subsidiary entities along with its own.
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