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Ted recently inherited a large sum of money that he wants to invest in the stock market.Since he has no investment experience,he has decided that he would like to work with a professional who can explain the market to him and also manage his funds for him.Ted most likely needs the services offered by a(n) :
Non-controlling Interest
A shareholder's equity in a subsidiary that is not attributable to the parent company, representing minority ownership.
Consolidated Net Income
The total earnings of a corporation, after tax, including earnings from subsidiaries, before distributing dividends.
Cost Method
An accounting approach where investments are recorded at their acquisition cost, without adjustment for increases or decreases in market value.
Goodwill
An intangible asset arising when a company acquires another for more than the fair value of its net identifiable assets.
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