Examlex
Under the indirect method,the increase or decrease in current liabilities is handled in the operating section of a cash flow statement.
Short-Form Merger
A merger between a subsidiary corporation and a parent corporation that owns at least 90 percent of the outstanding shares of each class of stock issued by the subsidiary corporation.
Acquisition
The act of obtaining control of another company or asset, typically through purchase or merger.
Corporation
A corporation is a legal entity that is separate and distinct from its owners, formed by a group of people or shareholders, and recognized as having rights and responsibilities similar to those of an individual.
Statutes
Laws or acts enacted by a legislative body to regulate, authorize, sanction, grant, declare, or restrict.
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