Examlex
Why would it be less risky for a wealthy individual to incorporate his or her business rather than to operate it as a sole proprietorship or partnership?
Partial Equity Method
An accounting method used for investments, wherein an investor recognizes its share of investee profits, but only to the extent of dividends received.
Equity Income
Income that an investment generates from dividends on stocks or mutual funds, indicating earnings derived from ownership interests in companies.
Internal Accounting Records
Documents and records kept by a company that detail its financial transactions, assets, liabilities, and equity.
Consolidated Total Expenses
The aggregate expenses of both the parent company and its subsidiaries, as presented in the consolidated financial statement.
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