Examlex
What activity is a salesperson engaged in when he/she uses online mapping services when planning her client visits?
Separate Income Tax Returns
Tax documents filed individually by entities or persons instead of jointly or as part of a consolidated group.
Tax Rate
The proportion of income that the government takes as tax from an individual or a company.
Accrual-based Consolidated Net Income
The net income of a consolidated group of companies, calculated using the accrual method of accounting, which records revenues and expenses when they are incurred, regardless of cash movement.
Proportionate Book Value
The value of a company based on its balance sheet, where assets and liabilities are proportionately adjusted to reflect its actual market value.
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