Examlex
What is the purpose of an onscreen entry form?
Operating Segments
Components of a business from which separate financial information is available and are regularly reviewed by the enterprise’s decision-makers for performance assessment and resource allocation.
Consolidated Net Income
The total profit of a corporation and its subsidiaries after taxes, interest, depreciation, and other expenses have been deducted, reflecting the overall earnings of the conglomerate.
Parent
A company that controls or owns more than half of another company's stock, thereby having control over its subsidiary.
Subsidiary
A company controlled by another company, referred to as the parent company, through ownership of more than half of its voting stock.
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