Examlex
Identify/define and explain the significance of the following: sepoys.
Equity Method
A method of accounting employed by companies to evaluate the earnings from their investments in other firms.
Subsidiary
A company controlled by another company, often referred to as the parent company.
Fair Value
The likely receipts from offloading an asset or the expenditure to relocate a liability, in a systematic transaction at the market rate on the day of valuation.
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